Citigroup FWP Filed: Marketing New Securities Offering

TL;DR

**Citi just filed an FWP, likely marketing new securities.**

AI Summary

Citigroup Inc. filed a Free Writing Prospectus (FWP) on March 26, 2026, under SEC Accession No. 0001918704-26-008138. This filing indicates that Citigroup is actively communicating with potential investors about a securities offering, likely providing additional information beyond the main prospectus. For investors, this matters because it signals ongoing capital-raising activities or marketing efforts for new financial products, which could impact the company's capital structure or future earnings.

Why It Matters

This FWP filing shows Citigroup is actively engaging with investors about a new securities offering, which could affect its financial health and future growth prospects.

Risk Assessment

Risk Level: low — An FWP filing itself is a routine communication and doesn't inherently pose a direct risk, but the underlying offering could carry risks.

Analyst Insight

An investor should view this FWP as a signal that Citigroup is likely in the process of raising capital or marketing new financial products. They should look for the underlying prospectus (referenced by File No. 333-293732) to understand the specifics of the offering, including the type of securities, terms, and potential impact on existing shares.

Key Players & Entities

• CITIGROUP INC (company) — the filer and subject of the FWP
• 0000831001 (company) — Citigroup's CIK
• 2026-03-26 (date) — the filing and acceptance date
• 388 GREENWICH STREET NEW YORK NY 10013 (company) — Citigroup's mailing and business address

FAQ

Key Financial Figures

• $1,010.542 — Hypothetical Redemption * 100.00% $1,010.542 Redeemed 50.00% $1,010.542 Rede
• $10.542 — .00% $1,010.542 Redeemed -0.01% $10.542 Securities not redeemed -32.00% $
• $0.00 — 2 Securities not redeemed -32.01% $0.00 Securities not redeemed -50.00% $
• $1,000.00 — hetical Payment at Maturity 100.00% $1,000.00 50.00% $1,000.00 25.00% $1,000.
• $679.90 — 00.00 -32.00% $1,000.00 -32.01% $679.90 -50.00% $500.00 -75.00% $250.00
• $500.00 — ,000.00 -32.01% $679.90 -50.00% $500.00 -75.00% $250.00 -100.00% $0.00
• $250.00 — $679.90 -50.00% $500.00 -75.00% $250.00 -100.00% $0.00 13 Month Autocalla
• $1,000 — an or equal to the final barrier value: $1,000 If the final underlying value is less

Filing Documents

• formfwp.htm (FWP) — 70KB
• image_001.jpg (GRAPHIC) — 15KB
• 0001918704-26-008138.txt ( ) — 92KB

From the Filing

Citigroup Global Markets Holdings Inc. Guaranteed by Citigroup Inc. Hypothetical Interim Payment per Security Hypothetical Underlying Return on Interim Valuation Date Hypothetical Payment for Interim Valuation Date Hypothetical Redemption * 100.00% $1,010.542 Redeemed 50.00% $1,010.542 Redeemed 25.00% $1,010.542 Redeemed 0.00% $1,010.542 Redeemed -0.01% $10.542 Securities not redeemed -32.00% $10.542 Securities not redeemed -32.01% $0.00 Securities not redeemed -50.00% $0.00 Securities not redeemed -75.00% $0.00 Securities not redeemed -100.00% $0.00 Securities not redeemed Hypothetical Payment at Maturity per Security Assumes the securities have not been automatically redeemed prior to maturity and does not include the final contingent coupon payment, if any. Hypothetical Underlying Return on Final Valuation Date Hypothetical Payment at Maturity 100.00% $1,000.00 50.00% $1,000.00 25.00% $1,000.00 0.00% $1,000.00 -32.00% $1,000.00 -32.01% $679.90 -50.00% $500.00 -75.00% $250.00 -100.00% $0.00 13 Month Autocallable Contingent Coupon Securities Linked to ADI Preliminary Terms This summary of terms is not complete and should be read with the preliminary pricing supplement below Issuer: Citigroup Global Markets Holdings Inc. Guarantor: Citigroup Inc. Underlying: Analog Devices, Inc. (ticker: "ADI") Pricing date: April 6, 2026 Valuation dates: Monthly Maturity date: May 11, 2027 Contingent coupon: 12.65% per annum, paid monthly only if the closing value of the underlying is greater than or equal to the coupon barrier value on the related valuation date. You are not assured of receiving any contingent coupon. Coupon barrier value: 68.00% of the initial underlying value Final barrier value: 68.00% of the initial underlying value Automatic early redemption: If on any autocall date the closing value of the underlying is greater than or equal to the initial underlying value, the securities will be automatically called for an amount equal to the principal plus the related contingent coupon Autocall dates: Monthly on valuation dates beginning after six months CUSIP / ISIN: 17332VEZ3 / US17332VEZ31 Initial underlying value: The closing value on the pricing date Final underlying value: The closing value on the final valuation date Underlying return: (Current closing value - initial underlying value) / initial underlying value Payment at maturity (if not autocalled): If the final underlying value is greater than or equal to the final barrier value: $1,000 If the final underlying value is less than the final barrier value: $1,000 + ($1,000 the underlying return) If the securities are not automatically redeemed prior to maturity and the final underlying value is less than the final barrier value, you will receive significantly less than the stated principal amount of your securities, and possibly nothing, at maturity, and you will not receive any contingent coupon payment at maturity. All payments on the securities are subject to the credit risk of Citigroup Global Markets Holdings Inc. and Citigroup Inc. $1,000 per security Preliminary pricing supplement: Preliminary Pricing Supplement dated March 26, 2026 * Assumes the interim valuation date is also an autocall date. Citigroup Global Markets Holdings Inc. Guaranteed by Citigroup Inc. Additional Information Citigroup Global Markets Holdings Inc. and Citigroup Inc. have filed registration statements (including the accompanying preliminary pricing supplement, product supplement, prospectus supplement and prospectus) with the Securities and Exchange Commission ("SEC") for the offering to which this communication relates. Before you invest, you should read the accompanying preliminary pricing supplement, product supplement, prospectus supplement and prospectus in those registration statements (File Nos. 333-293732 and 333-293732-02) and the other documents Citigroup Global Markets Holdings Inc. and Citigroup Inc. have filed with the SEC for more complete information about Citigroup Global Markets Holdings Inc., Citigroup Inc. and this offering. You may obtain these documents without cost by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, you can request these documents by calling toll-free 1-800-831-9146. Filed pursuant to Rule 433 This offering summary does not contain all of the material information an investor should consider before investing in the securities. This offering summary is not for distribution in isolation and must be read together with the accompanying preliminary pricing supplement and the other documents referred to therein, which can be accessed via the link on the first page. Selected Risk Considerations You may lose a significant portion or all of your investment. Unlike conventional debt securities, the securities do not provid

View Full Filing

View this FWP filing on SEC EDGAR