share_log

Citigroup | 424B2: Prospectus

SEC ·  Sep 21 00:52
Summary by Futu AI
Citigroup Global Markets Holdings Inc., a subsidiary of Citigroup Inc., has issued $7,765,000 in Buffered Equity Index Basket-Linked Notes due November 20, 2026. These notes, which do not pay interest and do not guarantee a fixed principal repayment at maturity, are linked to a basket of indices including the EURO STOXX 50, TOPIX, FTSE 100, Swiss Market Index, and S&P/ASX 200. The return on the notes is contingent on the performance of this basket from the trade date of September 18, 2024, to the determination date of November 18, 2026. The notes offer a buffer against a decline in the basket level up to 15%, but investors could lose their entire investment if the basket level falls beyond this buffer. The notes are unsecured senior debt securities guaranteed...Show More
Citigroup Global Markets Holdings Inc., a subsidiary of Citigroup Inc., has issued $7,765,000 in Buffered Equity Index Basket-Linked Notes due November 20, 2026. These notes, which do not pay interest and do not guarantee a fixed principal repayment at maturity, are linked to a basket of indices including the EURO STOXX 50, TOPIX, FTSE 100, Swiss Market Index, and S&P/ASX 200. The return on the notes is contingent on the performance of this basket from the trade date of September 18, 2024, to the determination date of November 18, 2026. The notes offer a buffer against a decline in the basket level up to 15%, but investors could lose their entire investment if the basket level falls beyond this buffer. The notes are unsecured senior debt securities guaranteed by Citigroup Inc. and are subject to the credit risk of both the issuer and the guarantor. They will not be listed on any securities exchange, which may impact their liquidity. The issue price per note is $1,000, with the estimated value on the pricing date being slightly lower at $996.60 per note. The notes were priced on September 18, 2024, and are set to mature on November 20, 2026.

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.