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Citigroup | 424B2: Prospectus

Citigroup | 424B2: Prospectus

花旗集团 | 424B2:募资说明书
美股sec公告 ·  04/26 15:29
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Citigroup Global Markets Holdings Inc., a subsidiary of Citigroup Inc., has issued a new financial product called Trigger Jump Securities, which are linked to the performance of Microsoft Corporation's common stock. These unsecured debt securities, which do not pay interest and offer no fixed principal repayment at maturity, provide a payment at maturity that varies based on Microsoft's stock performance. The securities offer a fixed return if Microsoft's stock price does not fall below a certain threshold, but expose investors to the full downside if the stock depreciates by more than 20% from the initial share price. The securities, with an aggregate principal amount of $7,835,000, were priced on April 24, 2024, and are due on April 29, 2026. Citigroup Inc. guarantees all payments due on the securities, which are not listed on any securities exchange, thus may have limited liquidity. The offering includes a potential conflict of interest since Citigroup Global Markets Inc., an affiliate of the issuer, is acting as the underwriter and may profit from hedging activities related to the offering.
Citigroup Global Markets Holdings Inc., a subsidiary of Citigroup Inc., has issued a new financial product called Trigger Jump Securities, which are linked to the performance of Microsoft Corporation's common stock. These unsecured debt securities, which do not pay interest and offer no fixed principal repayment at maturity, provide a payment at maturity that varies based on Microsoft's stock performance. The securities offer a fixed return if Microsoft's stock price does not fall below a certain threshold, but expose investors to the full downside if the stock depreciates by more than 20% from the initial share price. The securities, with an aggregate principal amount of $7,835,000, were priced on April 24, 2024, and are due on April 29, 2026. Citigroup Inc. guarantees all payments due on the securities, which are not listed on any securities exchange, thus may have limited liquidity. The offering includes a potential conflict of interest since Citigroup Global Markets Inc., an affiliate of the issuer, is acting as the underwriter and may profit from hedging activities related to the offering.
花旗集团的子公司花旗集团环球市场控股公司已经发行了一种名为Trigger Jump Securities的新金融产品,该产品与微软公司普通股的表现有关。这些无抵押债务证券不支付利息,到期时不提供固定本金还款,其到期日还款额因微软的股票表现而异。如果微软的股价没有跌破一定门槛,这些证券将提供固定回报,但如果股票比初始股价贬值超过20%,则投资者将面临全部下行空间。这些证券的本金总额为7,835,000美元,定价于2024年4月24日,将于2026年4月29日到期。花旗集团为未在任何证券交易所上市的证券的所有到期付款提供担保,因此流动性可能有限。此次发行包括潜在的利益冲突,因为发行人的子公司花旗集团环球市场公司是承销商,可能从与本次发行相关的套期保值活动中获利。
花旗集团的子公司花旗集团环球市场控股公司已经发行了一种名为Trigger Jump Securities的新金融产品,该产品与微软公司普通股的表现有关。这些无抵押债务证券不支付利息,到期时不提供固定本金还款,其到期日还款额因微软的股票表现而异。如果微软的股价没有跌破一定门槛,这些证券将提供固定回报,但如果股票比初始股价贬值超过20%,则投资者将面临全部下行空间。这些证券的本金总额为7,835,000美元,定价于2024年4月24日,将于2026年4月29日到期。花旗集团为未在任何证券交易所上市的证券的所有到期付款提供担保,因此流动性可能有限。此次发行包括潜在的利益冲突,因为发行人的子公司花旗集团环球市场公司是承销商,可能从与本次发行相关的套期保值活动中获利。
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