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

SEC announcement ·  Mar 28 16:07
Summary by Moomoo AI
Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., has announced the offering of 2.5-year Market-Linked Securities tied to the Nasdaq-100 Index (ticker: NDX). The securities have a pricing date set for April 25, 2024, with a valuation date on October 26, 2026, and maturity date on October 29, 2026. The securities offer a 100.00% upside participation rate and a minimum of 16.80% maximum return at maturity, which will be determined on the pricing date. Investors will receive the stated principal amount plus a return amount at maturity, which could be zero if the final underlying value is less than or equal to the initial underlying value. The securities do not pay interest and do not provide dividend rights or other rights related to the underlying index...Show More
Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., has announced the offering of 2.5-year Market-Linked Securities tied to the Nasdaq-100 Index (ticker: NDX). The securities have a pricing date set for April 25, 2024, with a valuation date on October 26, 2026, and maturity date on October 29, 2026. The securities offer a 100.00% upside participation rate and a minimum of 16.80% maximum return at maturity, which will be determined on the pricing date. Investors will receive the stated principal amount plus a return amount at maturity, which could be zero if the final underlying value is less than or equal to the initial underlying value. The securities do not pay interest and do not provide dividend rights or other rights related to the underlying index. The offering is subject to the credit risk of both Citigroup Global Markets Holdings Inc. and Citigroup Inc., and the securities will not be listed on any securities exchange, potentially affecting their liquidity. The estimated value of the securities on the pricing date is expected to be less than the issue price. The offering summary highlights several risks, including the potential for loss of principal, and advises investors to read the accompanying preliminary pricing supplement and other documents filed with the SEC for a more complete understanding of the risks involved.
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