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Citigroup | 424B3: Prospectus

SEC announcement ·  May 10 16:02
Summary by Moomoo AI
Citigroup Global Markets Holdings Inc., a subsidiary of Citigroup Inc., has filed an Amended and Restated Pricing Supplement for its 8,856 Trigger PLUS Securities with an Auto-Callable Feature based on the S&P 500 Index, due March 4, 2026. The amendment revises the automatic redemption date of the securities, which are unsecured debt instruments that do not pay interest and do not guarantee principal repayment at maturity. The securities may be automatically redeemed at a premium if the S&P 500 Index is equal to or above the initial index level on the interim valuation date, February 21, 2025. If not redeemed early, the payout at maturity will depend on the index's performance on the final valuation date, February 27, 2026. Investors risk losing a minimum of...Show More
Citigroup Global Markets Holdings Inc., a subsidiary of Citigroup Inc., has filed an Amended and Restated Pricing Supplement for its 8,856 Trigger PLUS Securities with an Auto-Callable Feature based on the S&P 500 Index, due March 4, 2026. The amendment revises the automatic redemption date of the securities, which are unsecured debt instruments that do not pay interest and do not guarantee principal repayment at maturity. The securities may be automatically redeemed at a premium if the S&P 500 Index is equal to or above the initial index level on the interim valuation date, February 21, 2025. If not redeemed early, the payout at maturity will depend on the index's performance on the final valuation date, February 27, 2026. Investors risk losing a minimum of 25% to the entire principal if the index falls below 75% of the initial level. The securities are not bank deposits, are not FDIC insured, and carry the credit risk of Citigroup Global Markets Holdings Inc. and Citigroup Inc. They are not listed on any securities exchange, suggesting limited liquidity and are designed to be held to maturity.
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