Citigroup Files Prospectus Supplement for Note Offering

TL;DR

Citi just dropped a prospectus for new notes. Details on rates and amounts inside.

AI Summary

Citigroup Inc. filed a 424B2 prospectus supplement on April 1, 2026, related to the offering of securities by Citigroup Global Markets Holdings Inc. The filing details the terms of a specific note issuance, including its principal amount and interest rate, as part of Citigroup's medium-term note program.

Why It Matters

This filing provides crucial details for investors regarding a new debt issuance by a Citigroup subsidiary, impacting potential investment decisions and market perception of Citigroup's financing activities.

Risk Assessment

Risk Level: low — This is a standard prospectus filing for a debt offering, not indicating any immediate or unusual risks.

Key Numbers

• 333-293732-02 — File Number (Associated with Citigroup Global Markets Holdings Inc.'s filing)
• 333-293732 — File Number (Associated with CITIGROUP INC's filing)

Key Players & Entities

• CITIGROUP INC (company) — Filer
• Citigroup Global Markets Holdings Inc. (company) — Filer
• 0000831001 (company) — CIK for CITIGROUP INC
• 0000200245 (company) — CIK for Citigroup Global Markets Holdings Inc.
• 2026-04-01 (date) — Filing Date

FAQ

Key Financial Figures

• $1,000 — ying value Stated principal amount: $1,000 per security Pricing date: April 27
• $1,000.00 — roceeds to issuer (3) Per security: $1,000.00 $41.50 $958.50 Total: $ $ $
• $41.50 — ssuer (3) Per security: $1,000.00 $41.50 $958.50 Total: $ $ $ (Key T
• $958.50 — Per security: $1,000.00 $41.50 $958.50 Total: $ $ $ (Key Terms conti
• $870.00 — es on the pricing date will be at least $870.00 per security, which will be less than t
• $1.50 — ronic platform providers a fee of up to $1.50 for each security sold in this offering
• $92.50 — 0.00 + applicable premium = $1,000.00 + $92.50 = $1,092.50 April 27, 2028 $1,000.0
• $1,092.50 — plicable premium = $1,000.00 + $92.50 = $1,092.50 April 27, 2028 $1,000.00 + applicab
• $185.00 — 0.00 + applicable premium = $1,000.00 + $185.00 = $1,185.00 April 27, 2029 $1,000.0
• $1,185.00 — licable premium = $1,000.00 + $185.00 = $1,185.00 April 27, 2029 $1,000.00 + applicab
• $277.50 — 0.00 + applicable premium = $1,000.00 + $277.50 = $1,277.50 April 29, 2030 $1,000.0
• $1,277.50 — licable premium = $1,000.00 + $277.50 = $1,277.50 April 29, 2030 $1,000.00 + applicab
• $370.00 — 0.00 + applicable premium = $1,000.00 + $370.00 = $1,370.00 If, on any valuation date
• $1,370.00 — licable premium = $1,000.00 + $370.00 = $1,370.00 If, on any valuation date prior to th
• $462.50 — o the final valuation date = $1,000 + $462.50 = $1,462.50 In this scenario, becau

Filing Documents

• form424b2.htm (424B2) — 188KB
• image_001.jpg (GRAPHIC) — 119KB
• image_002.jpg (GRAPHIC) — 102KB
• image_003.jpg (GRAPHIC) — 111KB
• 0001918704-26-008885.txt ( ) — 632KB

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-USNCH31375 Filed Pursuant to Rule 424(b)(2) Registration Statement Nos. 333-293732 and 333-293732-02 Autocallable Securities Linked to the Worst Performing of the Russell 2000 Index and the S&P 500 Index 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 solely on the performance of the worst performing of the underlyings 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 worst performing underlying on that valuation date is greater than or equal to its 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 of the worst performing underlying on the final valuation date is greater than or equal to its initial underlying value or (ii) repayment of the stated principal amount at maturity, with no premium, if the final underlying value of the worst performing underlying on the final valuation date is less than its initial underlying value but greater than or equal to its final barrier value specified below. However, if the securities are not automatically redeemed prior to maturity and the final underlying value of the worst performing underlying on the final valuation date is less than its final barrier value, you will lose 1% of the stated principal amount of your securities for every 1% by which its final underlying value is less than its initial underlying value. You will be subject to risks associated with each of the underlyings and will be negatively affected by adverse movements in any one of the underlyings. Although you will have downside exposure to the worst performing underlying on the final valuation date, you will not receive dividends with respect to any underlying or participate in any appreciation of any underlying. 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. Underlyings: Underlying Initial underlying value * Final barrier value ** Russell 2000 Index S&P 500 Index * For each underlying, its closing value on the pricing date ** For each underlying, 65.00% of its initial underlying value $1,000 per security Pricing date: April 27, 2026 Issue date: April 30, 2026 Valuation dates: April 28, 2027, April 27, 2028, April 27, 2029, April 29, 2030 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, May 1, 2031 Automatic early redemption: If, on any valuation date prior to the final valuation date, the closing value of the worst performing underlying on that valuation date is greater than or equal to its initial underlying value, the securities will be automatically redeemed on the third business day immediately following that valuation date for an amount in cash per security equal to $1,000 plus the premium applicable to that valuation date. If the securities are automatically redeemed following any valuation date prior to the final valuation date, they will cease to be outstanding and you will not receive the premium applicable to any later valuation date. Payment at maturity: If the securities are not automatically redeemed

View Full Filing

View this 424B2 filing on SEC EDGAR