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

SEC announcement ·  Mar 28 16:35
Summary by Moomoo AI
Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., has announced the offering of 2.75-year Market-Linked Securities tied to the Dow Jones Industrial Average (INDU). The securities have a pricing date set for April 25, 2024, with a valuation date and maturity date on January 25, 2027, and January 28, 2027, respectively. The securities offer a 100.00% upside participation rate and a minimum of 18.65% 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 performance of the underlying INDU from the initial value on the pricing date to the final value on the valuation date. Payments are subject to the credit risk of both Citigroup Global Markets Holdings Inc. and...Show More
Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., has announced the offering of 2.75-year Market-Linked Securities tied to the Dow Jones Industrial Average (INDU). The securities have a pricing date set for April 25, 2024, with a valuation date and maturity date on January 25, 2027, and January 28, 2027, respectively. The securities offer a 100.00% upside participation rate and a minimum of 18.65% 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 performance of the underlying INDU from the initial value on the pricing date to the final value on the valuation 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 affect their liquidity. The offering summary highlights several risks, including the potential for no return, loss of principal, and credit risk of the issuers. 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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