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Citigroup | 424B2: Prospectus

SEC announcement ·  Mar 28 16:41
Summary by Moomoo AI
Citigroup Global Markets Holdings Inc., a subsidiary of Citigroup Inc., has announced the offering of Medium-Term Senior Notes, Series N, which are unsecured debt securities linked to the performance of the Russell 2000 Index and the S&P 500 Index. The securities, which do not pay interest, offer a potential return at maturity based on the performance of the worst performing index from its initial to final value. The securities are guaranteed by Citigroup Inc. and have a digital return amount of at least $230.00 per security, representing a return of at least 23.00% of the stated principal amount, provided the final underlying value is not less than its initial value. The pricing date is set for April 30, 2024, with an issue date of...Show More
Citigroup Global Markets Holdings Inc., a subsidiary of Citigroup Inc., has announced the offering of Medium-Term Senior Notes, Series N, which are unsecured debt securities linked to the performance of the Russell 2000 Index and the S&P 500 Index. The securities, which do not pay interest, offer a potential return at maturity based on the performance of the worst performing index from its initial to final value. The securities are guaranteed by Citigroup Inc. and have a digital return amount of at least $230.00 per security, representing a return of at least 23.00% of the stated principal amount, provided the final underlying value is not less than its initial value. The pricing date is set for April 30, 2024, with an issue date of May 3, 2024, and a maturity date of May 5, 2027. The securities will not be listed on any securities exchange, and all payments are subject to the credit risk of Citigroup Global Markets Holdings Inc. and Citigroup Inc. The offering is subject to completion and is not yet an offer to sell or a solicitation of an offer to buy in any state where such offer or sale is not permitted.
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