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

SEC ·  Sep 9 10:46
Summary by Moomoo AI
Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., has announced the offering of 1.5 Year Autocallable Contingent Coupon Securities linked to the performance of Amazon.com, Inc. (AMZN) and Apple Inc. (AAPL). The securities have a quarterly valuation and potential automatic early redemption, with a maturity date set for March 31, 2026. Investors are offered a 10.00% per annum contingent coupon, paid quarterly, provided the worst-performing underlying stock remains above its coupon barrier value on the valuation date. The coupon barrier and final barrier values are set at 61.65% of each underlying's initial value. The securities will be automatically redeemed if the worst-performing stock's closing value is at or above its initial value on any quarterly autocall date, with investors...Show More
Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., has announced the offering of 1.5 Year Autocallable Contingent Coupon Securities linked to the performance of Amazon.com, Inc. (AMZN) and Apple Inc. (AAPL). The securities have a quarterly valuation and potential automatic early redemption, with a maturity date set for March 31, 2026. Investors are offered a 10.00% per annum contingent coupon, paid quarterly, provided the worst-performing underlying stock remains above its coupon barrier value on the valuation date. The coupon barrier and final barrier values are set at 61.65% of each underlying's initial value. The securities will be automatically redeemed if the worst-performing stock's closing value is at or above its initial value on any quarterly autocall date, with investors receiving the principal plus the related contingent coupon. However, if the securities are not redeemed early and the final underlying value of the worst performer is below its final barrier value, investors will receive a number of shares of the worst performer or cash equivalent, which could be significantly less than the principal amount. The offering is subject to the credit risk of Citigroup Global Markets Holdings Inc. and Citigroup Inc., and the securities will not be listed on any securities exchange. The preliminary pricing supplement is dated September 6, 2024, with the pricing date set for September 26, 2024.

This announcement is a separate document:

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