C · News · 20261106N

Capital Markets Activity

CITIGROUP INC · 2026-11-06 · Importance 20 · Surprise 24 · In source text

Citigroup reportedly pulled a roughly $1.05 billion leveraged loan deal for auto-parts supplier Autokiniton US Holdings Inc. The supplier had sought to amend and extend the loan by shortening the extension period and increasing the discount and interest rate. The withdrawal removes a reported $1.05 billion financing transaction from Citi’s active deal pipeline.

Key facts

• Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., filed preliminary terms for 5-Year Autocallable Buffer Securities linked to the worst performance of the Dow Jones Industrial Average and the S&P 500 Dynamic Participation Index. source
• Citigroup Global Markets Holdings is offering five-year notes tied to the weaker performance of either the Dow Jones Industrial Average or the S&P 500 Dynamic Participation Index, with 150% upside participation, a 15% buffer against declines, an early automatic call option, and a 2031 maturity date. source
• Citigroup Global Markets Holdings is offering two-year notes linked to the Russell 2000 and S&P 500, with payouts determined by the worst-performing index. source
• The two-year notes offer investors gains of up to 22.39%, cap losses at 5% of stated principal, and may result in greater losses under certain conditions. source
• Bloomberg reported that Citigroup pulled a roughly $1.05 billion leveraged loan deal for auto-parts supplier Autokiniton US Holdings Inc. source
• Investors in the five-year notes are exposed to Citigroup credit risk and principal loss beyond the buffer. source
• The two-year notes are unsecured obligations subject to Citigroup's credit risk. source
• The 5-Year Autocallable Buffer Securities include an automatic early redemption feature and payment-at-maturity scenarios that highlight the risk of losing a significant portion of the investment. source

Impact estimates