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Citigroup | 424B2: Prospectus

SEC announcement ·  May 10 12:39
Summary by Moomoo AI
Citigroup Global Markets Holdings Inc., a subsidiary of Citigroup Inc., has issued $2,376,000 in Equity Index Basket-Linked Notes due November 13, 2025. 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 performance of the basket from the trade date of May 8, 2024, to the determination date of November 10, 2025. The notes are designed to provide a return based on the basket performance, with the potential for investors to experience a significant loss, up to the total investment, if the basket level declines. The notes are unsecured senior debt securities, guaranteed by Citigroup Inc...Show More
Citigroup Global Markets Holdings Inc., a subsidiary of Citigroup Inc., has issued $2,376,000 in Equity Index Basket-Linked Notes due November 13, 2025. 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 performance of the basket from the trade date of May 8, 2024, to the determination date of November 10, 2025. The notes are designed to provide a return based on the basket performance, with the potential for investors to experience a significant loss, up to the total investment, if the basket level declines. The notes are unsecured senior debt securities, guaranteed by Citigroup Inc., and subject to the credit risk of both the issuer and the guarantor. They will not be listed on any securities exchange, which may limit their liquidity. The initial issue price per note is $1,000, with an estimated value at the time of the pricing supplement of $979.60 per note, reflecting the costs associated with selling, structuring, and hedging the notes.

This announcement is a separate document:

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