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Citigroup | 424B3: Prospectus

SEC announcement ·  May 10 16:02
Summary by Moomoo AI
Citigroup Global Markets Holdings Inc., a subsidiary of Citigroup Inc., has filed an Amended and Restated Pricing Supplement for its 12,476 Trigger PLUS Securities with an Auto-Callable Feature based on the S&P 500 Index, due May 5, 2026. The amendment revises the automatic redemption date of the securities, which are unsecured debt instruments that do not pay interest and do not guarantee principal repayment at maturity. The securities may be automatically redeemed at a premium if the S&P 500 Index is at or above the initial index level on the interim valuation date, May 7, 2025. If not redeemed early, the payout at maturity will depend on the index's performance on the final valuation date, April 30, 2026. Investors risk losing at least 25% or potentially...Show More
Citigroup Global Markets Holdings Inc., a subsidiary of Citigroup Inc., has filed an Amended and Restated Pricing Supplement for its 12,476 Trigger PLUS Securities with an Auto-Callable Feature based on the S&P 500 Index, due May 5, 2026. The amendment revises the automatic redemption date of the securities, which are unsecured debt instruments that do not pay interest and do not guarantee principal repayment at maturity. The securities may be automatically redeemed at a premium if the S&P 500 Index is at or above the initial index level on the interim valuation date, May 7, 2025. If not redeemed early, the payout at maturity will depend on the index's performance on the final valuation date, April 30, 2026. Investors risk losing at least 25% or potentially all of their investment if the index falls below 75% of the initial level. The securities are not bank deposits, are not FDIC insured, and carry the credit risk of Citigroup Global Markets Holdings Inc. and Citigroup Inc. The securities, with a principal amount of $1,000 each, will not be listed on any securities exchange and may have limited liquidity, designed to be held to maturity.
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