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Citigroup | 424B2: Prospectus

SEC announcement ·  Apr 15 23:39
Summary by Futu AI
Citigroup Global Markets Holdings Inc., a subsidiary of Citigroup Inc., has announced the issuance of Medium-Term Senior Notes, Series N, which are Callable Contingent Coupon Equity Linked Securities. These securities are linked to the performance of the Nasdaq-100 Index, the Russell 2000 Index, and the Utilities Select Sector SPDR Fund, and are due on October 22, 2026. The offering, detailed in a preliminary pricing supplement dated April 15, 2024, is subject to completion and is not yet an offer to sell. The securities are unsecured debt obligations of Citigroup Global Markets Holdings Inc. and are guaranteed by Citigroup Inc. They offer potential for periodic contingent coupon payments that could yield higher than conventional debt securities of the same maturity, but come with risks including...Show More
Citigroup Global Markets Holdings Inc., a subsidiary of Citigroup Inc., has announced the issuance of Medium-Term Senior Notes, Series N, which are Callable Contingent Coupon Equity Linked Securities. These securities are linked to the performance of the Nasdaq-100 Index, the Russell 2000 Index, and the Utilities Select Sector SPDR Fund, and are due on October 22, 2026. The offering, detailed in a preliminary pricing supplement dated April 15, 2024, is subject to completion and is not yet an offer to sell. The securities are unsecured debt obligations of Citigroup Global Markets Holdings Inc. and are guaranteed by Citigroup Inc. They offer potential for periodic contingent coupon payments that could yield higher than conventional debt securities of the same maturity, but come with risks including the possibility of receiving no contingent coupon payments and receiving less than the principal amount at maturity. The securities are callable by Citigroup, and their performance is dependent on the worst performing of the specified underlyings. The pricing date is set for April 18, 2024, with an issue date of April 23, 2024. The securities will not be listed on any securities exchange, and all payments are subject to the credit risk of Citigroup Global Markets Holdings Inc. and Citigroup Inc.

This announcement is a separate document:

Doc 1

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