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Citigroup | 424B2: Prospectus

SEC announcement ·  Jul 26 16:54
Summary by Moomoo AI
Citigroup Global Markets Holdings Inc., a subsidiary of Citigroup Inc., has announced the offering of Enhanced Barrier Digital Securities linked to the performance of the Russell 2000 Index and the S&P 500 Index, with a maturity date of September 25, 2025. These unsecured debt securities do not pay interest and offer a payment at maturity that varies based on the performance of the worst performing index from its initial value to its final value. The securities provide a digital return at maturity if the final value of the worst performing index is above its barrier value, but investors could lose their entire investment if the index falls below the barrier value. The securities are guaranteed by Citigroup Inc. and are not bank deposits...Show More
Citigroup Global Markets Holdings Inc., a subsidiary of Citigroup Inc., has announced the offering of Enhanced Barrier Digital Securities linked to the performance of the Russell 2000 Index and the S&P 500 Index, with a maturity date of September 25, 2025. These unsecured debt securities do not pay interest and offer a payment at maturity that varies based on the performance of the worst performing index from its initial value to its final value. The securities provide a digital return at maturity if the final value of the worst performing index is above its barrier value, but investors could lose their entire investment if the index falls below the barrier value. The securities are guaranteed by Citigroup Inc. and are not bank deposits, nor are they insured by any governmental agency. The offering is subject to a pricing supplement, product supplement, underlying supplement, prospectus supplement, and prospectus, which detail the terms, risks, and conditions of the securities. The pricing date is set for August 21, 2024, with an issue date of August 26, 2024. Citigroup Global Markets Inc., an affiliate of the issuer, is acting as the underwriter and will receive an underwriting fee for each security sold.

This announcement is a separate document:

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