Citigroup plans trigger performance notes on Bloomberg Commodity

By Marisa Wong

Morgantown, W.Va., Feb. 8 – Citigroup Inc. plans to price 0% trigger performance securities due Feb. 27, 2026 linked to the Bloomberg Commodity Index 3 Month Forward, according to a 424B2 filed with the Securities and Exchange Commission.

If the index finishes above its initial level, the payout at maturity will be par of $10 plus 180% to 200% of the gain.

If the index falls by up to the trigger level, 70% of the initial level, the payout will be par.

Otherwise, investors will be fully exposed to any losses.

Citigroup Global Markets Inc. and UBS Financial Services Inc. are the agents.

The notes will price on Feb. 25 and settle on Feb. 29.

The Cusip number is 17323P322.

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