share_log

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

SEC announcement ·  Jul 6 04:57
Summary by Futu AI
Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., has issued a term sheet related to Market Linked Securities with a fixed coupon and contingent downside, linked to the performance of the EURO STOXX 50 Index, the Russell 2000 Index, and the Nikkei 225 Index. The securities, with a stated principal amount of $1,000 each, are set to mature on July 12, 2029. The payout at maturity is contingent on the performance of the lowest performing underlying index, with the potential for investors to receive less than their principal amount, and possibly nothing, if the index falls below its threshold value. The estimated value of the securities at issuance is expected to be at least $900.00 per security, which is less than the public offering price. The...Show More
Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., has issued a term sheet related to Market Linked Securities with a fixed coupon and contingent downside, linked to the performance of the EURO STOXX 50 Index, the Russell 2000 Index, and the Nikkei 225 Index. The securities, with a stated principal amount of $1,000 each, are set to mature on July 12, 2029. The payout at maturity is contingent on the performance of the lowest performing underlying index, with the potential for investors to receive less than their principal amount, and possibly nothing, if the index falls below its threshold value. The estimated value of the securities at issuance is expected to be at least $900.00 per security, which is less than the public offering price. The coupon rate will be determined on the pricing date and is expected to be at least 7.10% per annum. Citigroup Global Markets Inc. will act as the calculation agent. The securities involve significant risks, including the potential loss of principal, and are not bank deposits nor FDIC insured. Investors are advised to review the accompanying preliminary pricing supplement, product supplement, underlying supplement, prospectus supplement, and prospectus before investing.

The information provided by Futu AI is automatically generated by third-party artificial intelligence (AI) software based on news content. It is only available to users located outside of China mainland.


The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.