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Citigroup | 424B2: Prospectus

SEC ·  Sep 6 17:25

Summary by Moomoo AI

Citigroup Global Markets Holdings Inc., a subsidiary of Citigroup Inc., has announced the issuance of a new financial instrument, the Autocallable Barrier Securities, which are linked to the performance of the Nasdaq-100 Index, the Russell 2000 Index, and the S&P 500 Index. These unsecured debt securities, part of the Medium-Term Senior Notes, Series N, do not pay interest and do not guarantee principal repayment at maturity. Instead, they offer the potential for automatic early redemption at a premium if the worst performing underlying index meets certain conditions on specified valuation dates. The securities are set to be priced on September 13, 2024, with an issue date of September 18, 2024, and a maturity date of September 17, 2026, unless earlier redeemed. The securities are contingent on...Show More
Citigroup Global Markets Holdings Inc., a subsidiary of Citigroup Inc., has announced the issuance of a new financial instrument, the Autocallable Barrier Securities, which are linked to the performance of the Nasdaq-100 Index, the Russell 2000 Index, and the S&P 500 Index. These unsecured debt securities, part of the Medium-Term Senior Notes, Series N, do not pay interest and do not guarantee principal repayment at maturity. Instead, they offer the potential for automatic early redemption at a premium if the worst performing underlying index meets certain conditions on specified valuation dates. The securities are set to be priced on September 13, 2024, with an issue date of September 18, 2024, and a maturity date of September 17, 2026, unless earlier redeemed. The securities are contingent on the performance of the worst performing underlying index, with the possibility of losing the entire principal if the index falls below a certain barrier value. The securities are not listed on any securities exchange, and their liquidity may be limited. Investors must be willing to accept the risk of not receiving any payments if Citigroup Global Markets Holdings Inc. and Citigroup Inc. default on their obligations. All payments are subject to the credit risk of both entities.

This announcement is a separate document:

Doc 1

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