Citigroup Files Prospectus Supplement

TL;DR

Citi's dropping new securities docs. Watch for market impact.

AI Summary

Citigroup Global Markets Holdings Inc. filed a 424B2 prospectus supplement on March 31, 2026. This filing relates to a previous registration statement (File No. 333-293732-02) and provides details on securities being offered. The filing includes various graphic documents and a complete submission text file.

Why It Matters

This filing indicates Citigroup is actively issuing new securities, which could impact its capital structure and market presence.

Risk Assessment

Risk Level: low — This is a standard prospectus supplement filing, not indicative of immediate financial distress or significant new risks.

Key Numbers

• 399832 — Document Size (Size of the preliminary pricing supplement document in bytes)
• 1192524 — Document Size (Size of the complete submission text file in bytes)

Key Players & Entities

• Citigroup Global Markets Holdings Inc. (company) — Filer of the prospectus supplement
• CITIGROUP INC (company) — Related company filing the prospectus supplement
• 333-293732-02 (dollar_amount) — File number for the registration statement
• 333-293732 (dollar_amount) — File number for the registration statement
• 2026-03-31 (date) — Filing date

FAQ

Key Financial Figures

• $1,000 — x (USD) ER Stated principal amount: $1,000 per security Pricing date: April 27
• $1,000.00 — roceeds to issuer (3) Per security: $1,000.00 $45.00 $955.00 Total: $ $ $
• $45.00 — ssuer (3) Per security: $1,000.00 $45.00 $955.00 Total: $ $ $ (Key T
• $955.00 — Per security: $1,000.00 $45.00 $955.00 Total: $ $ $ (Key Terms conti
• $853.50 — es on the pricing date will be at least $853.50 per security, which will be less than t
• $2.50 — ronic platform providers a fee of up to $2.50 for each security sold in this offering
• $207.50 — 0.00 + applicable premium = $1,000.00 + $207.50 = $1,207.50 May 27, 2027 $1,000.00
• $1,207.50 M — licable premium = $1,000.00 + $207.50 = $1,207.50 May 27, 2027 $1,000.00 + applicable pre
• $224.7917 — 0.00 + applicable premium = $1,000.00 + $224.7917 = $1,224.7917 June 28, 2027 $1,000.
• $1,224.7917 — cable premium = $1,000.00 + $224.7917 = $1,224.7917 June 28, 2027 $1,000.00 + applicabl
• $242.0833 — 0.00 + applicable premium = $1,000.00 + $242.0833 = $1,242.0833 July 27, 2027 $1,000.
• $1,242.0833 — cable premium = $1,000.00 + $242.0833 = $1,242.0833 July 27, 2027 $1,000.00 + applicabl
• $259.375 — 0.00 + applicable premium = $1,000.00 + $259.375 = $1,259.375 August 27, 2027 $1,000
• $1,259.375 — icable premium = $1,000.00 + $259.375 = $1,259.375 August 27, 2027 $1,000.00 + applica
• $276.6667 — 0.00 + applicable premium = $1,000.00 + $276.6667 = $1,276.6667 September 27, 2027 $1

Filing Documents

• form424b2.htm (424B2) — 390KB
• image_001.jpg (GRAPHIC) — 118KB
• image_002.jpg (GRAPHIC) — 104KB
• image_003.jpg (GRAPHIC) — 144KB
• image_004.jpg (GRAPHIC) — 118KB
• image_005.jpg (GRAPHIC) — 9KB
• image_006.jpg (GRAPHIC) — 2KB
• image_007.jpg (GRAPHIC) — 3KB
• image_008.jpg (GRAPHIC) — 3KB
• image_009.jpg (GRAPHIC) — 5KB
• image_010.jpg (GRAPHIC) — 2KB
• image_011.jpg (GRAPHIC) — 81KB
• 0001918704-26-008656.txt ( ) — 1165KB

From the Filing

PRICING SUPPLEMENT 424B2 The information in this preliminary pricing supplement is not complete and may be changed. A registration statement relating to these securities has been filed with the Securities and Exchange Commission. This preliminary pricing supplement and the accompanying product supplement, underlying supplement, prospectus supplement and prospectus are not an offer to sell these securities, nor are they soliciting an offer to buy these securities, in any state where the offer or sale is not permitted. Citigroup Global Markets Holdings Inc. April , 2026 Medium-Term Senior Notes, Series N Pricing Supplement No. 2026-USNCH31187 Filed Pursuant to Rule 424(b)(2) Registration Statement Nos. 333-293732 and 333-293732-02 Autocallable Securities Linked to the S&P 500 Futures 40% Edge Volatility 6% Decrement Index (USD) ER Due May 1, 2031 The securities offered by this pricing supplement are unsecured debt securities issued by Citigroup Global Markets Holdings Inc. and guaranteed by Citigroup Inc. Unlike conventional debt securities, the securities do not pay interest, do not guarantee the repayment of principal at maturity and are subject to potential automatic early redemption on a periodic basis on the terms described below. Your return on the securities will depend on the performance of the underlying specified below. The securities offer the potential for automatic early redemption at a premium following the first valuation date (other than the final valuation date) on which the closing value of the underlying is greater than or equal to the initial underlying value. If the securities are not automatically redeemed prior to maturity, the securities will provide for (i) repayment of the stated principal amount plus a premium at maturity if the final underlying value is greater than or equal to the initial underlying value or (ii) repayment of the stated principal amount at maturity, with no premium, if the final underlying value is less than the initial underlying value but greater than or equal to the final barrier value specified below. However, if the securities are not automatically redeemed prior to maturity and the final underlying value is less than the final barrier value, you will lose 1% of the stated principal amount of your securities for every 1% by which the final underlying value is less than the initial underlying value. Although you will have downside exposure to the underlying, you will not receive dividends with respect to the underlying or participate in any appreciation of the underlying. The underlying is highly risky because it may reflect highly leveraged exposure to any decline in the S&P 500 Futures Excess Return Index. The S&P 500 Futures Excess Return Index tracks futures contracts on the S&P 500 Index and is likely to underperform the S&P 500 Index because of an implicit financing cost. In addition, the underlying is subject to a decrement of 6% per annum, which will be a significant drag on its performance. You should carefully review the section "Summary Risk Factors—Risks relating to the S&P 500 Futures 40% Edge Volatility 6% Decrement Index (USD) ER" in this pricing supplement. Investors in the securities must be willing to accept (i) an investment that may have limited or no liquidity and (ii) the risk of not receiving any payments due under the securities if we and Citigroup Inc. default on our obligations. All payments on the securities are subject to the credit risk of Citigroup Global Markets Holdings Inc. and Citigroup Inc. KEY TERMS Issuer: Citigroup Global Markets Holdings Inc., a wholly owned subsidiary of Citigroup Inc. Guarantee: All payments due on the securities are fully and unconditionally guaranteed by Citigroup Inc. Underlying: The S&P 500 Futures 40% Edge Volatility 6% Decrement Index (USD) ER $1,000 per security Pricing date: April 27, 2026 Issue date: April 30, 2026 Valuation dates: April 28, 2027, May 27, 2027, June 28, 2027, July 27, 2027, August 27, 2027, September 27, 2027, October 27, 2027, November 29, 2027, December 27, 2027, January 27, 2028, February 28, 2028, March 27, 2028, April 27, 2028, May 30, 2028, June 27, 2028, July 27, 2028, August 28, 2028, September 27, 2028, October 27, 2028, November 27, 2028, December 27, 2028, January 29, 2029, February 27, 2029, March 27, 2029, April 27, 2029, May 29, 2029, June 27, 2029, July 27, 2029, August 27, 2029, September 27, 2029, October 29, 2029, November 27, 2029, December 27, 2029, January 28, 2030, February 27, 2030, March 27, 2030, April 29, 2030, May 28, 2030, June 27, 2030, July 29, 2030, August 27, 2030, September 27, 2030, October 28, 2030, November 27, 2030, December 27, 2030, January 27, 2031, February 27, 2031, March 27, 2031 and April 28, 2031 (the "final valuation date"), each subject to postponement if such date is not a scheduled trading day or certain market disruption events occur Maturity date: Unless earlier redeemed,

View Full Filing

View this 424B2 filing on SEC EDGAR