Citigroup is offering autocallable barrier securities linked to the EURO STOXX 50 Index, maturing September 25, 2031; electronic platform providers may receive up to $1.00 per security sold. Investors face no interest payments and no guaranteed principal repayment, while automatic early Redemption depends on the underlying index.

Key Highlights

  • The instruments can be redeemed early at a premium when the underlying meets the stated valuation condition.
  • Autocallable barrier securities are tied to the EURO STOXX 50 index and mature on September 25, 2031.
  • Citigroup Global Markets Holdings Inc. issues the unsecured securities, guaranteed by Citigroup Inc.; they do not pay interest or promise repayment of principal at maturity.
  • The securities are not bank deposits, lack FDIC or other government protection, and returns depend on the index’s performance.

CITIGROUP INC (NYSE: C) is a Major Banks company. Its offering covers autocallable barrier securities tied to the EURO STOXX 50 Index, with Maturity set for September 25, 2031.

Structured Securities Carry Index-Linked Terms

Citigroup Global Markets Holdings Inc. is issuing the unsecured Debt securities, while Citigroup Inc. guarantees them. The securities do not pay interest and do not promise repayment of principal at maturity, unlike conventional debt instruments. Investor returns depend on the performance of the underlying index. The securities are not bank deposits and do not carry protection from the Federal Deposit Insurance Corporation or another government agency. Citigroup Global Markets Inc. and its affiliates may earn from hedging connected with the offering even if the securities lose value. Electronic platform providers may receive as much as $1.00 for every security sold when selected dealers or custodians use those platforms.