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

SEC ·  Aug 30 16:20
Summary by Moomoo AI
Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., has announced the offering of 2-year Market-Linked Securities tied to the Nasdaq Generations 5 Index (ticker: NDXGEN5). The securities are set to price on September 30, 2024, with a valuation date of September 30, 2026, and maturity on October 5, 2026. The potential upside participation rate ranges from 175.00% to 200.00%, which will be finalized on the pricing date. The return amount for investors will depend on the final index level compared to the initial index level, with a full principal return of $1,000 per security if the final index level is less than or equal to the initial index level. The securities are subject to the credit risk of both Citigroup Global Markets Holdings Inc. and Citigroup Inc. The Nasdaq...Show More
Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., has announced the offering of 2-year Market-Linked Securities tied to the Nasdaq Generations 5 Index (ticker: NDXGEN5). The securities are set to price on September 30, 2024, with a valuation date of September 30, 2026, and maturity on October 5, 2026. The potential upside participation rate ranges from 175.00% to 200.00%, which will be finalized on the pricing date. The return amount for investors will depend on the final index level compared to the initial index level, with a full principal return of $1,000 per security if the final index level is less than or equal to the initial index level. The securities are subject to the credit risk of both Citigroup Global Markets Holdings Inc. and Citigroup Inc. The Nasdaq Generations 5 Index, sponsored by Nasdaq, Inc. and launched on August 11, 2022, tracks a hypothetical investment portfolio with a volatility target of 5% and may employ up to 150% leverage. The Index's performance is reduced by an implicit financing cost and an annual index fee of 0.50%. Investors are warned that the securities do not pay interest, and their value will fluctuate based on many factors. The offering is detailed in the preliminary pricing supplement filed with the SEC, which investors are encouraged to read for a more complete understanding of the risks involved.

This announcement is a separate document:

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