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

SEC ·  Nov 8 00:23

Summary by Moomoo AI

Citigroup Global Markets Holdings Inc. has issued a Free Writing Prospectus related to its Contingent Income Auto-Callable Securities, which are due in November 2027 and based on the performance of QUALCOMM Incorporated's common stock. The securities, with Citigroup Inc. as the guarantor, have a stated principal amount of $1,000 each and are principal at risk. The pricing date is set for November 15, 2024, with an issue date of November 20, 2024. The securities may be automatically redeemed before maturity if the underlying shares' closing price is greater than or equal to the initial share price on any potential redemption date. The securities offer a contingent coupon of 3.175% quarterly if the closing price is above the downside threshold price, which is 70% of the initial...Show More
Citigroup Global Markets Holdings Inc. has issued a Free Writing Prospectus related to its Contingent Income Auto-Callable Securities, which are due in November 2027 and based on the performance of QUALCOMM Incorporated's common stock. The securities, with Citigroup Inc. as the guarantor, have a stated principal amount of $1,000 each and are principal at risk. The pricing date is set for November 15, 2024, with an issue date of November 20, 2024. The securities may be automatically redeemed before maturity if the underlying shares' closing price is greater than or equal to the initial share price on any potential redemption date. The securities offer a contingent coupon of 3.175% quarterly if the closing price is above the downside threshold price, which is 70% of the initial share price. If the final share price is below the downside threshold, investors may receive significantly less than the principal amount at maturity. The estimated value of the securities at the pricing date is expected to be at least $918.50 per security, which is below the public offering price. Citigroup Global Markets Holdings Inc. and Citigroup Inc. have filed the necessary registration statements with the SEC, and investors are advised to read the accompanying documents carefully before investing.

This announcement is a separate document:

Doc 1

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