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Citigroup | 424B2: Prospectus

SEC ·  Nov 8 01:23

Summary by Moomoo AI

Citigroup Global Markets Holdings Inc., a subsidiary of Citigroup Inc., has issued a new series of market-linked securities, with the pricing supplement filed on November 5, 2024. These Medium-Term Senior Notes, Series N, are unsecured debt securities linked to the performance of the Russell 2000 Index and the S&P 500 Index, maturing on November 10, 2027. The securities do not pay interest and do not guarantee full principal repayment at maturity. Instead, the return is based on the worst performing index from its initial to final value, with a maximum return of 28.45% and a maximum loss of 5% of the principal. The securities are guaranteed by Citigroup Inc. and are not bank deposits, nor are they insured by any governmental agency. The issue price...Show More
Citigroup Global Markets Holdings Inc., a subsidiary of Citigroup Inc., has issued a new series of market-linked securities, with the pricing supplement filed on November 5, 2024. These Medium-Term Senior Notes, Series N, are unsecured debt securities linked to the performance of the Russell 2000 Index and the S&P 500 Index, maturing on November 10, 2027. The securities do not pay interest and do not guarantee full principal repayment at maturity. Instead, the return is based on the worst performing index from its initial to final value, with a maximum return of 28.45% and a maximum loss of 5% of the principal. The securities are guaranteed by Citigroup Inc. and are not bank deposits, nor are they insured by any governmental agency. The issue price per security is $1,000, with an underwriting fee of $29.50 per security. The estimated value of the securities at the time of the pricing supplement is $961.50 per security, which is less than the issue price. The securities will not be listed on any securities exchange, and Citigroup Global Markets Inc., an affiliate of the issuer, will act as the underwriter.

This announcement is a separate document:

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