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Citigroup | FWP: Filing under Securities Act Rules 163/433 of free writing prospectuses

SEC announcement ·  Apr 16 04:20
Summary by Futu AI
Citigroup Global Markets Holdings Inc. has announced the offering of Dual Directional Trigger PLUS securities based on the S&P 500 Index, with a maturity date of June 4, 2025. The securities, which are principal at risk, have a pricing date set for April 30, 2024, and an issue date of May 3, 2024. The valuation date is scheduled for May 30, 2025, with potential postponement under certain conditions. The securities are designed to pay at maturity based on the performance of the S&P 500 Index, with a maximum upside return of $124.00 per security, or 12.40% of the stated principal amount. Citigroup Inc. will act as the guarantor for the offering. The securities will not pay interest and the potential return is capped. Investors are warned that they may lose...Show More
Citigroup Global Markets Holdings Inc. has announced the offering of Dual Directional Trigger PLUS securities based on the S&P 500 Index, with a maturity date of June 4, 2025. The securities, which are principal at risk, have a pricing date set for April 30, 2024, and an issue date of May 3, 2024. The valuation date is scheduled for May 30, 2025, with potential postponement under certain conditions. The securities are designed to pay at maturity based on the performance of the S&P 500 Index, with a maximum upside return of $124.00 per security, or 12.40% of the stated principal amount. Citigroup Inc. will act as the guarantor for the offering. The securities will not pay interest and the potential return is capped. Investors are warned that they may lose a significant portion or all of their investment if the index performs poorly. The estimated value of the securities at the pricing date is expected to be at least $921.50 per security, which is less than the public offering price. The offering is subject to the credit risk of Citigroup Global Markets Holdings Inc. and Citigroup Inc., and the securities will not be listed on any securities exchange, which may impact the investor's ability to sell them before maturity. The offering documents have been filed with the SEC and are available for review.

This announcement is a separate document:

Doc 1

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