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Citigroup | FWP: Filing under Securities Act Rules 163/433 of free writing prospectuses

SEC announcement ·  Mar 28 15:53
Summary by Moomoo AI
Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., has announced the offering of 1.5-year Market-Linked Securities tied to the Citi Dynamic Asset Selector 5 Excess Return Index (CIISDA5N). The securities are set to have a pricing date of April 25, 2024, with a valuation date of October 27, 2025, and a maturity date of October 30, 2025. The securities offer an upside participation rate between 150.00% to 175.00%, which will be determined on the pricing date. Investors will receive at maturity the stated principal amount plus a return amount, which could either be zero or a positive figure based on the index's performance. The securities are subject to the credit risk of both Citigroup Global Markets Holdings Inc. and Citigroup Inc. The Index, created by Citigroup Global...Show More
Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., has announced the offering of 1.5-year Market-Linked Securities tied to the Citi Dynamic Asset Selector 5 Excess Return Index (CIISDA5N). The securities are set to have a pricing date of April 25, 2024, with a valuation date of October 27, 2025, and a maturity date of October 30, 2025. The securities offer an upside participation rate between 150.00% to 175.00%, which will be determined on the pricing date. Investors will receive at maturity the stated principal amount plus a return amount, which could either be zero or a positive figure based on the index's performance. The securities are subject to the credit risk of both Citigroup Global Markets Holdings Inc. and Citigroup Inc. The Index, created by Citigroup Global Markets Limited and launched on June 13, 2016, tracks the hypothetical performance of a rules-based investment methodology that allocates exposure based on U.S. equity market conditions. The Index's performance is influenced by the S&P 500 and 10-Year U.S. Treasury Notes futures contracts and is adjusted for an index fee of 0.85% per annum. The offering summary highlights several risks, including the potential for no return on investment if the Index does not appreciate, the lack of interest payments, and the credit risk associated with Citigroup entities. The securities will not be listed on any securities exchange, which may impact the ability to sell them before maturity. The estimated value of the securities on the pricing date is expected to be less than the issue price. The Index's performance history is limited, as it was launched in 2016, and it follows fixed rules without active management.

This announcement is a separate document:

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