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

SEC announcement ·  Apr 26 16:15
Summary by Moomoo AI
Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., has announced the offering of 3-Year Autocallable Barrier Securities linked to the S&P 500 Futures Excess Return Index (SPXFP). The securities have a pricing date set for May 28, 2024, with valuation dates on May 28, 2025, and May 28, 2027, leading to a maturity date of June 3, 2027. The return amount is tied to the underlying return and the upside participation rate, which is set at 125.00%. The securities feature an automatic early redemption if the underlying's closing value on the interim valuation date is at or above its initial value, with a premium of 13.00% to 14.00% per annum. The stated principal amount is $1,000 per security. Investors are warned of significant risks, including the potential loss of their...Show More
Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., has announced the offering of 3-Year Autocallable Barrier Securities linked to the S&P 500 Futures Excess Return Index (SPXFP). The securities have a pricing date set for May 28, 2024, with valuation dates on May 28, 2025, and May 28, 2027, leading to a maturity date of June 3, 2027. The return amount is tied to the underlying return and the upside participation rate, which is set at 125.00%. The securities feature an automatic early redemption if the underlying's closing value on the interim valuation date is at or above its initial value, with a premium of 13.00% to 14.00% per annum. The stated principal amount is $1,000 per security. Investors are warned of significant risks, including the potential loss of their entire investment if the final underlying value is less than the final barrier value. The securities do not pay interest and will not be listed on any securities exchange, which may limit their liquidity. The offering is detailed in the Preliminary Pricing Supplement dated April 25, 2024, and potential investors are advised to read the accompanying documents filed with the SEC for a more comprehensive understanding of the risks and terms of the securities.

This announcement is a separate document:

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