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

SEC announcement ·  Mar 28 16:14
Summary by Moomoo AI
Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., has announced the offering of 1.25-year Market-Linked Securities tied to the S&P 500 Index (ticker: “SPX”). The securities have a pricing date set for April 30, 2024, with a valuation date on July 30, 2025, and maturity date on August 4, 2025. The securities offer a 100.00% upside participation rate and a minimum of 7.50% maximum return at maturity, which will be determined on the pricing date. The return amount for investors will be either zero or positive, depending on the final underlying value of the S&P 500 at the valuation date compared to the initial value on the pricing date. Payments are subject to the credit risk of both Citigroup Global Markets Holdings Inc. and Citigroup Inc...Show More
Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., has announced the offering of 1.25-year Market-Linked Securities tied to the S&P 500 Index (ticker: “SPX”). The securities have a pricing date set for April 30, 2024, with a valuation date on July 30, 2025, and maturity date on August 4, 2025. The securities offer a 100.00% upside participation rate and a minimum of 7.50% maximum return at maturity, which will be determined on the pricing date. The return amount for investors will be either zero or positive, depending on the final underlying value of the S&P 500 at the valuation date compared to the initial value on the pricing date. Payments are subject to the credit risk of both Citigroup Global Markets Holdings Inc. and Citigroup Inc. The securities do not pay interest and 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. Investors are advised to read the accompanying preliminary pricing supplement and other documents filed with the SEC for a more complete understanding of the risks and details of the securities.
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