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Citigroup | 424B2: Prospectus

SEC announcement ·  Mar 28 15:53
Summary by Moomoo AI
Citigroup Global Markets Holdings Inc., a subsidiary of Citigroup Inc., has announced the issuance of unsecured debt securities linked to the S&P 500 Index, with no interest payments and a potential return based on the index's performance. The securities, known as Medium-Term Senior Notes, Series N, are set to be priced on April 30, 2024, with an issue date of May 3, 2024, and a maturity date of August 4, 2025. The return on investment is contingent on the appreciation of the S&P 500 from the initial to the final underlying value, with a maximum return at maturity to be determined on the pricing date. The securities are guaranteed by Citigroup Inc. and will not pay dividends or offer liquidity prior to maturity. The...Show More
Citigroup Global Markets Holdings Inc., a subsidiary of Citigroup Inc., has announced the issuance of unsecured debt securities linked to the S&P 500 Index, with no interest payments and a potential return based on the index's performance. The securities, known as Medium-Term Senior Notes, Series N, are set to be priced on April 30, 2024, with an issue date of May 3, 2024, and a maturity date of August 4, 2025. The return on investment is contingent on the appreciation of the S&P 500 from the initial to the final underlying value, with a maximum return at maturity to be determined on the pricing date. The securities are guaranteed by Citigroup Inc. and will not pay dividends or offer liquidity prior to maturity. The offering is subject to a registration statement filed with the SEC and is not yet an offer to sell. The securities will not be listed on any securities exchange, and Citigroup Global Markets Inc., an affiliate of the issuer, will act as the underwriter. The estimated value of the securities is based on proprietary pricing models and includes an underwriting fee of up to $10.00 per security. Investors are warned of the risks, including the potential loss of principal and the credit risk of Citigroup Global Markets Holdings Inc. and Citigroup Inc.

This announcement is a separate document:

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