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

SEC announcement ·  Mar 28 15:56
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 price on April 30, 2024, with a valuation date of October 30, 2025, and maturity on November 4, 2025. The securities offer an upside participation rate of at least 200%, which will be finalized on the pricing date. Investors will receive the principal amount plus a return amount, which could be zero or positive, depending on the final index level at maturity compared to the initial index level. 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...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 price on April 30, 2024, with a valuation date of October 30, 2025, and maturity on November 4, 2025. The securities offer an upside participation rate of at least 200%, which will be finalized on the pricing date. Investors will receive the principal amount plus a return amount, which could be zero or positive, depending on the final index level at maturity compared to the initial index level. 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, was launched on June 13, 2016, and tracks the performance of a rules-based investment methodology that allocates exposure based on market conditions. The Index's performance is influenced by the S&P 500 and 10-Year U.S. Treasury Notes futures contracts. The offering summary highlights the Index's key features, risk considerations, and the fact that the securities do not pay interest and may result in a loss of principal if sold before maturity. The estimated value of the securities on the pricing date is expected to be less than the issue price. The offering is subject to registration statements filed with the SEC, and potential investors are advised to read the accompanying preliminary pricing supplement and other documents for a more complete understanding of the risks involved.
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