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Citigroup | 424B2: Prospectus

SEC announcement ·  Apr 16 02:44
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 unsecured debt securities guaranteed by Citigroup Inc. These autocallable barrier securities are linked to the S&P 500 Futures Excess Return Index and are due on April 26, 2029. The securities do not pay interest and do not guarantee principal repayment at maturity. Instead, they offer potential for automatic early redemption at a premium if the underlying index meets certain conditions. The securities are subject to credit risk and may have limited liquidity. The pricing date is set for April 22, 2024, with an issue date of April 25, 2024. The valuation dates are April 23, 2025, and April 23, 2029, with the possibility of postponement under certain...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 unsecured debt securities guaranteed by Citigroup Inc. These autocallable barrier securities are linked to the S&P 500 Futures Excess Return Index and are due on April 26, 2029. The securities do not pay interest and do not guarantee principal repayment at maturity. Instead, they offer potential for automatic early redemption at a premium if the underlying index meets certain conditions. The securities are subject to credit risk and may have limited liquidity. The pricing date is set for April 22, 2024, with an issue date of April 25, 2024. The valuation dates are April 23, 2025, and April 23, 2029, with the possibility of postponement under certain conditions. The securities are not listed on any securities exchange, and all payments are subject to the credit risk of Citigroup Global Markets Holdings Inc. and Citigroup Inc. The offering includes a potential underwriting fee of up to $5.50 per security, with proceeds to the issuer of $994.50 per security. The estimated value of the securities is based on proprietary pricing models and is not guaranteed. The securities are not bank deposits and are not insured by any governmental agency.

This announcement is a separate document:

Doc 1

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