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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 Year Barrier Securities linked to the S&P 500 Index, with a pricing date set for April 30, 2024, and a valuation date one year later on April 30, 2025. The maturity date for these securities is May 5, 2025. The securities offer a 100% upside participation rate with a maximum return at maturity of at least 11.75%, and a final barrier value set at 80% of the initial underlying value. The payment at maturity will vary depending on the final underlying value of the S&P 500 on the valuation date. If the final value is greater than the initial value, investors will receive $1,000 plus the return amount, up to the maximum return. If the final...Show More
Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., has announced the offering of 1 Year Barrier Securities linked to the S&P 500 Index, with a pricing date set for April 30, 2024, and a valuation date one year later on April 30, 2025. The maturity date for these securities is May 5, 2025. The securities offer a 100% upside participation rate with a maximum return at maturity of at least 11.75%, and a final barrier value set at 80% of the initial underlying value. The payment at maturity will vary depending on the final underlying value of the S&P 500 on the valuation date. If the final value is greater than the initial value, investors will receive $1,000 plus the return amount, up to the maximum return. If the final value is less than or equal to the initial value but above the final barrier value, investors will receive $1,000. However, if the final value is below the final barrier value, investors will receive significantly less than the principal amount, potentially nothing. The securities do not pay interest and do not provide dividend rights or other rights related to the underlying index. The offering carries risks, including the potential loss of a significant portion or all of the investment, and is subject to the credit risk of Citigroup Global Markets Holdings Inc. and Citigroup Inc. 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 will be less than the issue price, and their value will fluctuate based on many unpredictable factors.

This announcement is a separate document:

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