share_log

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 2 Year Autocallable Contingent Coupon Securities linked to the performance of two exchange-traded funds (ETFs), the Dimensional U.S. Core Equity 2 ETF (DFAC) and the Dimensional World ex U.S. Core Equity 2 ETF (DFAX). The securities have a pricing date set for May 31, 2024, with monthly valuation dates and a maturity date of June 4, 2026. The contingent coupon rate is approximately 8.00% per annum, paid monthly, but only if the worst-performing ETF's closing value is at or above its coupon barrier value on the valuation date. The coupon barrier and final barrier values are set at 75.00% of each ETF's initial value. An automatic early redemption feature...Show More
Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., has announced the offering of 2 Year Autocallable Contingent Coupon Securities linked to the performance of two exchange-traded funds (ETFs), the Dimensional U.S. Core Equity 2 ETF (DFAC) and the Dimensional World ex U.S. Core Equity 2 ETF (DFAX). The securities have a pricing date set for May 31, 2024, with monthly valuation dates and a maturity date of June 4, 2026. The contingent coupon rate is approximately 8.00% per annum, paid monthly, but only if the worst-performing ETF's closing value is at or above its coupon barrier value on the valuation date. The coupon barrier and final barrier values are set at 75.00% of each ETF's initial value. An automatic early redemption feature is included, which will call the securities for the principal amount plus the related contingent coupon if the worst performer's closing value is at or above its initial value on any potential autocall date, starting six months after the issue date. Investors are warned that they may lose a significant portion or all of their investment if the securities are not automatically redeemed prior to maturity and the final underlying value of the worst performer is below its final barrier value. The securities are subject to the credit risk of Citigroup Global Markets Holdings Inc. and Citigroup Inc., and will not be listed on any securities exchange, which may limit the ability to sell them before maturity. The offering includes risks associated with non-U.S. markets, emerging markets, and fluctuations in exchange rates. The preliminary pricing supplement dated April 25, 2024, provides additional details and should be read in conjunction with this summary.

This announcement is a separate document:

Doc 1

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more