Citigroup offers structured notes with contingent quarterly coupons; principal at risk if worst of 3 indices falls below 65% barrier

Filed July 2, 2026 · ~2 min read

Key Changes

• high

  These are structured securities, not conventional debt. Principal is fully at risk: if the worst-performing index (among Dow Jones Industrial Average, Nasdaq-100, or Russell 2000) closes below 65% of its initial level at maturity, investors lose 1% of principal for every 1% the index has declined, with potential for total loss.

  Risk Factors verify on EDGAR →
• high

  Quarterly contingent coupons are paid only if all three indices remain at or above 65% of their initial levels on each quarterly valuation date. If the worst-performing index falls below this barrier on any quarter, no coupon is paid that quarter; investors could receive zero coupons over the entire term.

  Risk Factors verify on EDGAR →
• high

  The securities can be automatically called as early as six months after issuance if all three indices are at or above their initial levels, capping total return to principal plus one contingent coupon. Investors receive no participation in index appreciation beyond the coupon rate.

  Risk Factors verify on EDGAR →