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Citigroup | 424B2: Prospectus

SEC announcement ·  Apr 27 04:00
Summary by Futu AI
Citigroup Global Markets Holdings Inc., a subsidiary of Citigroup Inc., has issued a new series of Medium-Term Senior Notes, Series N, due May 3, 2027. These unsecured debt securities, guaranteed by Citigroup Inc., are linked to the performance of the worst performing among four major tech companies: Alphabet Inc., Amazon.com, Inc., Apple Inc., and Microsoft Corporation. The securities offer potential for periodic contingent coupon payments at an annualized rate that could yield higher than conventional debt securities of the same maturity. However, investors face risks including the possibility of receiving no coupon payments, receiving less than the principal amount at maturity, or automatic redemption prior to maturity. The securities were priced on April 24, 2024, with an issue date of May 1, 2024. 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.
Citigroup Global Markets Holdings Inc., a subsidiary of Citigroup Inc., has issued a new series of Medium-Term Senior Notes, Series N, due May 3, 2027. These unsecured debt securities, guaranteed by Citigroup Inc., are linked to the performance of the worst performing among four major tech companies: Alphabet Inc., Amazon.com, Inc., Apple Inc., and Microsoft Corporation. The securities offer potential for periodic contingent coupon payments at an annualized rate that could yield higher than conventional debt securities of the same maturity. However, investors face risks including the possibility of receiving no coupon payments, receiving less than the principal amount at maturity, or automatic redemption prior to maturity. The securities were priced on April 24, 2024, with an issue date of May 1, 2024. 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.

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