share_log

Citigroup | 424B2: Prospectus

SEC ·  03:19

Summary by Futu AI

Citigroup Global Markets Holdings Inc., a subsidiary of Citigroup Inc., has announced the issuance of Medium-Term Senior Notes, Series N, linked to the S&P 500 Futures Excess Return Index, with a maturity date of November 16, 2028. These market-linked notes, which do not pay interest, offer potential returns based on the performance of the underlying index from the initial to the final value. The notes are unsecured and guaranteed by Citigroup Inc. The pricing date is set for November 12, 2024, with an issue date of November 15, 2024. The notes will not be listed on any securities exchange, and all payments are subject to the credit risk of the issuer and guarantor. The notes are designed for investors willing to forgo dividends and...Show More
Citigroup Global Markets Holdings Inc., a subsidiary of Citigroup Inc., has announced the issuance of Medium-Term Senior Notes, Series N, linked to the S&P 500 Futures Excess Return Index, with a maturity date of November 16, 2028. These market-linked notes, which do not pay interest, offer potential returns based on the performance of the underlying index from the initial to the final value. The notes are unsecured and guaranteed by Citigroup Inc. The pricing date is set for November 12, 2024, with an issue date of November 15, 2024. The notes will not be listed on any securities exchange, and all payments are subject to the credit risk of the issuer and guarantor. The notes are designed for investors willing to forgo dividends and accept the risk of receiving no return if the underlying index does not appreciate from its initial value. The notes are also subject to risks including the issuer's credit risk, lack of liquidity, and potential losses in real value terms due to inflation or underperformance of the underlying index. The offering is contingent upon completion and subject to a registration statement filed with the SEC.

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.