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Citigroup | 424B2: Prospectus

SEC ·  Sep 21 01:37

Summary by Futu AI

Citigroup Global Markets Holdings Inc., a subsidiary of Citigroup Inc., has issued $5,879,000 in Equity Index Basket-Linked Notes due March 20, 2026. These notes are linked to a basket of indices, including the EURO STOXX 50, TOPIX, FTSE 100, Swiss Market Index, and S&P/ASX 200, with varying weights. The notes do not pay interest and the principal repayment amount is contingent on the basket's performance from the trade date of September 18, 2024, to the determination date of March 18, 2026. The return on the notes is subject to a maximum settlement amount, and investors could lose their entire investment if the basket level declines. The notes are unsecured and guaranteed by Citigroup Inc., with all payments subject to the credit risk of the issuer and...Show More
Citigroup Global Markets Holdings Inc., a subsidiary of Citigroup Inc., has issued $5,879,000 in Equity Index Basket-Linked Notes due March 20, 2026. These notes are linked to a basket of indices, including the EURO STOXX 50, TOPIX, FTSE 100, Swiss Market Index, and S&P/ASX 200, with varying weights. The notes do not pay interest and the principal repayment amount is contingent on the basket's performance from the trade date of September 18, 2024, to the determination date of March 18, 2026. The return on the notes is subject to a maximum settlement amount, and investors could lose their entire investment if the basket level declines. The notes are unsecured and guaranteed by Citigroup Inc., with all payments subject to the credit risk of the issuer and guarantor. The notes are not bank deposits, are not insured by any governmental agency, and will not be listed on any securities exchange. The initial issue price was $1,000 per note, with an estimated value at the time of the pricing supplement of $981.40 per note. The notes were priced on September 18, 2024, and the settlement date was September 25, 2024.

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