share_log

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

SEC ·  Sep 9 09:35
Summary by Moomoo AI
Citigroup Global Markets Holdings Inc., with Citigroup Inc. as the guarantor, has announced the issuance of 13 Month Enhanced Barrier Digital Securities linked to the Russell 2000 Index (RTY) and the S&P 500 Index (SPX). The securities are set to price on September 19, 2024, with a valuation date of October 20, 2025, and maturity date of October 23, 2025. The digital return amount is at least 9.50% of the stated principal amount of $1,000 per security. The final barrier value is set at 75% of each underlying index's initial value. Payments at maturity are contingent on the final underlying value of the worst-performing index relative to its final barrier value. Investors may receive significantly less than the principal amount, or possibly nothing, if the worst performer's final...Show More
Citigroup Global Markets Holdings Inc., with Citigroup Inc. as the guarantor, has announced the issuance of 13 Month Enhanced Barrier Digital Securities linked to the Russell 2000 Index (RTY) and the S&P 500 Index (SPX). The securities are set to price on September 19, 2024, with a valuation date of October 20, 2025, and maturity date of October 23, 2025. The digital return amount is at least 9.50% of the stated principal amount of $1,000 per security. The final barrier value is set at 75% of each underlying index's initial value. Payments at maturity are contingent on the final underlying value of the worst-performing index relative to its final barrier value. Investors may receive significantly less than the principal amount, or possibly nothing, if the worst performer's final value is below its barrier value. The securities do not pay interest and are subject to the credit risk of both Citigroup entities. They will not be listed on any securities exchange, and their estimated value at the pricing date will be less than the issue price. The offering is detailed in the Preliminary Pricing Supplement dated September 9, 2024, and other documents filed with the SEC.
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