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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 issuance of Medium-Term Senior Notes, Series N, which are unsecured debt securities guaranteed by Citigroup Inc. These autocallable market-linked securities are tied to the Citi Dynamic Asset Selector 5 Excess Return Index and are due on April 30, 2031. The securities do not pay interest but offer potential for automatic early redemption at a premium if the Index exceeds certain threshold levels on specified valuation dates. If not redeemed early, the securities may provide a positive return at maturity based on the Index's performance. The securities are designed for investors willing to forgo interest and accept the risk of no return in exchange for potential early redemption...Show More
Citigroup Global Markets Holdings Inc., a subsidiary of Citigroup Inc., has announced the issuance of Medium-Term Senior Notes, Series N, which are unsecured debt securities guaranteed by Citigroup Inc. These autocallable market-linked securities are tied to the Citi Dynamic Asset Selector 5 Excess Return Index and are due on April 30, 2031. The securities do not pay interest but offer potential for automatic early redemption at a premium if the Index exceeds certain threshold levels on specified valuation dates. If not redeemed early, the securities may provide a positive return at maturity based on the Index's performance. The securities are designed for investors willing to forgo interest and accept the risk of no return in exchange for potential early redemption at a premium or a positive return at maturity. The offering, subject to completion and dated March 28, 2024, has a pricing date of April 25, 2024, and an issue date of April 30, 2024. The securities are not bank deposits, are not FDIC insured, and involve investment risks including the credit risk of Citigroup Global Markets Holdings Inc. and Citigroup Inc.

This announcement is a separate document:

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