Filed pursuant to Rule 433
Registration No. 333-192302
CitiFirst Offerings Brochure for Citi Personal Wealth Management June 2015
citi ®
2 | CitiFirst Offerings Brochure | June 2015 |
For all offerings documented herein (other than the Market-Linked Certificates of Deposit):
| ||||||
Investment Products |
Not FDIC Insured | May Lose Value | No Bank Guarantee |
CitiFirst Offerings Brochure | June 2015 | 3 |
Introduction to CitiFirst Investments
CitiFirst is the brand name for Citis offering of investments including notes and deposits. Tailored to meet the needs of a range of investors, CitiFirst investments are divided into three categories based on the amount of principal due at maturity:
The structured investments discussed herein are not suitable for all investors. Prospective investors should evaluate their financial objectives and tolerance for risk prior to investing in any structured investment. The SEC registered securities described herein are not bank deposits but are senior, unsecured debt obligations of Citi. All returns and any principal amount due at maturity are subject to the applicable issuer credit risk, with the exception of the Market-Linked Certificates of Deposit which have FDIC insurance, subject to applicable limitations. Structured investments are not conventional debt securities. They are complex in nature and the specific terms and conditions will vary for each offering.
CitiFirst operates across all asset classes meaning that underlying assets include equities, commodities, currencies, interest rates and alternative investments. When depicting a specific product, the relevant underlying asset will be shown as a symbol on the cube:
For instance, if a CitiFirst Performance investment were based upon a single stock, which belongs to an equity asset class, its symbol would be shown as follows: |
Classification of investments into categories is not intended to guarantee particular results or performance. Though the potential returns on structured investments are based upon the performance of the relevant underlying asset or index, investing in a structured investment is not equivalent to investing directly in the underlying asset or index.
4 | CitiFirst Offerings Brochure | June 2015 |
a Basket of Three Underliers |
|
Indicative Terms*
Issuer: |
Citigroup Inc. |
|||||
Basket: |
Basket Component |
Weighting | ||||
S&P 500® Index (ticker symbol: SPX) |
33.34% | |||||
Shares of the iShares® MSCI EAFE ETF (ticker symbol: EFA) |
33.33% | |||||
Shares of the iShares® Core U.S. Aggregate Bond ETF (ticker symbol: AGG) | 33.33% | |||||
* | The initial component value for each basket component will be the closing level or closing price, as applicable, of that basket component on the pricing date | |||||
** | The multiplier for each basket component will be determined as follows: (initial basket level x weighting) / initial component value. | |||||
Stated principal amount: |
$1,000 per note |
|||||
Pricing date: |
June , 2015 (expected to be June 25, 2015) |
|||||
Issue date: |
June , 2015 (three business days after the pricing date) |
|||||
Valuation dates: |
The day of each March, June, September and December (expected to be the 25th day of each March, June, September and December), during the term of the notes, beginning September , 2015 (expected to be September 25, 2015), each subject to postponement if such date is not a scheduled trading day or if certain market disruption events occur | |||||
Maturity date: |
December , 2020 (expected to be December 30, 2020) | |||||
Coupon payment dates: |
The day of each June and December (expected to be the 30th day of each June and December), beginning on December , 2015 (expected to be December 30, 2015) and ending on the maturity date, provided that if any such day is not a business day, the applicable coupon payment will be made on the next succeeding business day and no interest will accrue as a result of delayed payment | |||||
Coupon: |
On each semi-annual coupon payment date, the notes will pay a coupon at a rate of 0.25% per annum | |||||
Payment at maturity: |
For each note, the $1,000 stated principal amount per note plus the note return amount, which will be either zero or positive, plus the coupon payment due at maturity | |||||
Note return amount: |
If the average basket return percentage is greater than zero: | |||||
$1,000 x average basket return percentage x upside participation rate | ||||||
If the average basket return percentage is less than or equal to zero: | ||||||
$0 | ||||||
Average basket return percentage: |
The arithmetic average of the interim basket return percentages, as measured on each of the valuation dates | |||||
Interim basket return percentage: |
On each valuation date: (ending basket level initial basket level) / initial basket level |
For questions, please call your Financial Advisor
* | The information listed above is not intended to be a complete description of all of the terms, risks and benefits of a particular investment. All maturities are approximate. All terms in brackets are indicative only and will be set on the applicable pricing date. All returns and any principal amount due at maturity are subject to the applicable issuers credit risk, with the exception of the Market-Linked Certificates of Deposit which have FDIC insurance, subject to applicable limitations. Please refer to the relevant investments offering documents and related material(s) for additional information. |
CitiFirst Offerings Brochure | June 2015 | 5 |
Initial basket level: |
100 | |||
Ending basket level: |
The closing level of the basket on the relevant valuation date. The closing level of the basket on any valuation date is equal to the sum of the products of each basket components closing level or closing price, as applicable, on that date and its multiplier | |||
Upside participation rate: |
100.00% to 120.00%. The actual upside participation rate will be determined on the pricing date | |||
CUSIP: |
17298CBM9 | |||
Listing: |
The notes will not be listed on any securities exchange and, accordingly, may have limited or no liquidity. You should not invest in the notes unless you are willing to hold them to maturity. |
Investor Profile
Investor Seeks: |
Investor Can Accept: | |
A medium-term equity index-linked investment |
A holding period of approximately 5.5 years | |
Contingent coupon payments |
The structured investments discussed herein are not suitable for all investors. Prospective investors should evaluate their financial objectives and tolerance for risk prior to investing in any structured investment |
A complete description of the risks associated with this investment is outlined in the Summary Risk Factors section of the applicable preliminary pricing supplement.
For questions, please call your Financial Advisor
* | The information listed above is not intended to be a complete description of all of the terms, risks and benefits of a particular investment. All maturities are approximate. All terms in brackets are indicative only and will be set on the applicable pricing date. All returns and any principal amount due at maturity are subject to the applicable issuers credit risk, with the exception of the Market-Linked Certificates of Deposit which have FDIC insurance, subject to applicable limitations. Please refer to the relevant investments offering documents and related material(s) for additional information. |
6 | CitiFirst Offerings Brochure | June 2015 |
Barrier Digital Plus Securities Based on the Dow Jones Industrial AverageTM |
|
Indicative Terms*
Issuer: |
Citigroup Inc. | |
Underlying index: |
The Dow Jones Industrial AverageTM (ticker symbol: INDU) | |
Stated principal amount: |
$1,000 per security | |
Pricing date: |
June , 2015 (expected to be June 25, 2015) | |
Issue date: |
June , 2015 (three business days after the pricing date) | |
Valuation date: |
June , 2020 (expected to be June 25, 2020), subject to postponement if such date is not a scheduled trading day or if certain market disruption events occur | |
Maturity date: |
June , 2020 (expected to be June 30, 2020) | |
Payment at maturity: |
For each $1,000 stated principal amount security you hold at maturity: | |
If the final index level is greater than or equal to the initial index level: | ||
$1,000 + the greater of (i) the fixed return amount and (ii) $1,000 x the index percent increase | ||
If the final index level is less than the initial index level but greater than or equal to the barrier level: | ||
$1,000 | ||
If the final index level is less than the barrier level: | ||
$1,000 x the index performance factor | ||
If the final index level is less than the barrier level, your payment at maturity will be less, and possibly significantly less, than $800.00 per security. You should not invest in the securities unless you are willing and able to bear the risk of losing a significant portion of your investment. | ||
Initial index level: |
, the closing level of the underlying index on the pricing date | |
Final index level: |
The closing level of the underlying index on the valuation date | |
Fixed return amount: |
$250.00 to $300.00 per security (25.00% to 30.00% of the stated principal amount), to be determined on the pricing date. You will receive the fixed return amount only if the final index level is greater than or equal to the initial index level. | |
Index performance factor: |
The final index level divided by the initial index level | |
Index percent increase: |
The final index level minus the initial index level, divided by the initial index level | |
Barrier level: |
, 80.00% of the initial index level | |
Listing: |
The securities will not be listed on any securities exchange and, accordingly, may have limited or no liquidity. You should not invest in the securities unless you are willing to hold them to maturity. | |
CUSIP: |
17298CBG2 |
For questions, please call your Financial Advisor
* | The information listed above is not intended to be a complete description of all of the terms, risks and benefits of a particular investment. All maturities are approximate. All terms in brackets are indicative only and will be set on the applicable pricing date. All returns and any principal amount due at maturity are subject to the applicable issuers credit risk, with the exception of the Market-Linked Certificates of Deposit which have FDIC insurance, subject to applicable limitations. Please refer to the relevant investments offering documents and related material(s) for additional information. |
CitiFirst Offerings Brochure | June 2015 | 7 |
Investor Profile
Investor Seeks: |
Investor Can Accept: | |
A medium-term equity index-linked investment |
A holding period of approximately 5 years | |
A risk-adjusted equity complement |
The possibility of losing a significant portion of the principal amount invested | |
The structured investments discussed herein are not suitable for all investors. Prospective investors should evaluate their financial objectives and tolerance for risk prior to investing in any structured investment |
A complete description of the risks associated with this investment is outlined in the Summary Risk Factors section of the applicable preliminary pricing supplement.
For questions, please call your Financial Advisor
* | The information listed above is not intended to be a complete description of all of the terms, risks and benefits of a particular investment. All maturities are approximate. All terms in brackets are indicative only and will be set on the applicable pricing date. All returns and any principal amount due at maturity are subject to the applicable issuers credit risk, with the exception of the Market-Linked Certificates of Deposit which have FDIC insurance, subject to applicable limitations. Please refer to the relevant investments offering documents and related material(s) for additional information. |
8 | CitiFirst Offerings Brochure | June 2015 |
Barrier Digital Plus Securities Based on the EURO STOXX 50® Index |
Indicative Terms*
Issuer: |
Citigroup Inc. | |
Underlying index: |
The EURO STOXX 50® Index (ticker symbol: SX5E) | |
Stated principal amount: |
$1,000 per security | |
Pricing date: |
June , 2015 (expected to be June 25, 2015) | |
Issue date: |
June , 2015 (three business days after the pricing date) | |
Valuation date: |
June , 2020 (expected to be June 25, 2020), subject to postponement if such date is not a scheduled trading day or if certain market disruption events occur | |
Maturity date: |
June , 2020 (expected to be June 30, 2020) | |
Payment at maturity: |
For each $1,000 stated principal amount security you hold at maturity: | |
If the final index level is greater than or equal to the initial index level: $1,000 + the greater of (i) the fixed return amount and (ii) $1,000 x the index percent increase | ||
If the final index level is less than the initial index level but greater than or equal to the barrier level: $1,000 | ||
If the final index level is less than the barrier level: $1,000 x the index performance factor | ||
If the final index level is less than the barrier level, your payment at maturity will be less, and possibly significantly less, than $800.00 per security. You should not invest in the securities unless you are willing and able to bear the risk of losing a significant portion of your investment. | ||
Initial index level: |
, the closing level of the underlying index on the pricing date | |
Final index level: | The closing level of the underlying index on the valuation date | |
Fixed return amount: |
$350.00 to $400.00 per security (35.00% to 40.00% of the stated principal amount), to be determined on the pricing date. You will receive the fixed return amount only if the final index level is greater than or equal to the initial index level. | |
Index performance factor: |
The final index level divided by the initial index level | |
Index percent increase: |
The final index level minus the initial index level, divided by the initial index level | |
Barrier level: |
, 80.00% of the initial index level | |
Listing: |
The securities will not be listed on any securities exchange and, accordingly, may have limited or no liquidity. You should not invest in the securities unless you are willing to hold them to maturity. | |
CUSIP: |
17298CBF4 |
For questions, please call your Financial Advisor
* | The information listed above is not intended to be a complete description of all of the terms, risks and benefits of a particular investment. All maturities are approximate. All terms in brackets are indicative only and will be set on the applicable pricing date. All returns and any principal amount due at maturity are subject to the applicable issuers credit risk, with the exception of the Market-Linked Certificates of Deposit which have FDIC insurance, subject to applicable limitations. Please refer to the relevant investments offering documents and related material(s) for additional information. |
CitiFirst Offerings Brochure | June 2015 | 9 |
Investor Profile
Investor Seeks: |
Investor Can Accept: | |
A medium-term equity index-linked investment |
A holding period of approximately 5 years | |
A risk-adjusted equity complement |
The possibility of losing a significant portion of the principal amount invested | |
The structured investments discussed herein are not suitable for all investors. Prospective investors should evaluate their financial objectives and tolerance for risk prior to investing in any structured investment |
A complete description of the risks associated with this investment is outlined in the Summary Risk Factors section of the applicable preliminary pricing supplement.
For questions, please call your Financial Advisor
* | The information listed above is not intended to be a complete description of all of the terms, risks and benefits of a particular investment. All maturities are approximate. All terms in brackets are indicative only and will be set on the applicable pricing date. All returns and any principal amount due at maturity are subject to the applicable issuers credit risk, with the exception of the Market-Linked Certificates of Deposit which have FDIC insurance, subject to applicable limitations. Please refer to the relevant investments offering documents and related material(s) for additional information. |
10 | CitiFirst Offerings Brochure | June 2015 |
Buffer Securities Based on the S&P 500® Index |
|
Indicative Terms*
Issuer: |
Citigroup Inc. | |
Underlying index: |
The S&P 500® Index (ticker symbol: SPX) | |
Stated principal amount: |
$1,000 per security | |
Pricing date: |
June , 2015 (expected to be June 25, 2015) | |
Issue date: |
June , 2015 (three business days after the pricing date) | |
Valuation date: |
June , 2020 (expected to be June 25, 2020), subject to postponement if such date is not a scheduled trading day or if certain market disruption events occur | |
Maturity date: |
June , 2020 (expected to be June 30, 2020) | |
Payment at maturity: |
For each $1,000 stated principal amount security you hold at maturity: | |
If the final index level is greater than the initial index level: $1,000 + the return amount | ||
If the final index level is equal to or less than the initial index level by an amount equal to or less than the buffer amount: | ||
$1,000 | ||
If the final index level is less than the initial index level by an amount greater than the buffer amount: | ||
($1,000 x the index performance factor) + $100.00 | ||
If the underlying index decreases from the initial index level to the final index level by more than the buffer amount, your payment at maturity will be less, and possibly significantly less, than the $1,000 stated principal amount per security. You should not invest in the securities unless you are willing and able to bear the risk of losing a significant portion of your investment. | ||
Initial index level: |
, the closing level of the underlying index on the pricing date | |
Final index level: |
The closing level of the underlying index on the valuation date | |
Index performance factor: |
The final index level divided by the initial index level | |
Index percent increase: |
The final index level minus the initial index level, divided by the initial index level | |
Leveraged return amount: |
$1,000 x the index percent increase x the upside participation rate | |
Upside participation rate:: |
90.00% to 100.00%. The actual upside participation rate will be determined on the pricing date. | |
Buffer amount: |
10.00% | |
Listing: |
The securities will not be listed on any securities exchange and, accordingly, may have limited or no liquidity. You should not invest in the securities unless you are willing to hold them to maturity. | |
CUSIP: |
17298CBE7 |
For questions, please call your Financial Advisor
* | The information listed above is not intended to be a complete description of all of the terms, risks and benefits of a particular investment. All maturities are approximate. All terms in brackets are indicative only and will be set on the applicable pricing date. All returns and any principal amount due at maturity are subject to the applicable issuers credit risk, with the exception of the Market-Linked Certificates of Deposit which have FDIC insurance, subject to applicable limitations. Please refer to the relevant investments offering documents and related material(s) for additional information. |
CitiFirst Offerings Brochure | June 2015 | 11 |
Investor Profile
Investor Seeks: |
Investor Can Accept: | |
A medium-term equity index-linked investment |
A holding period of approximately 5 years | |
A risk-adjusted equity complement |
The possibility of losing a significant portion of the principal amount invested | |
The structured investments discussed herein are not suitable for all investors. Prospective investors should evaluate their financial objectives and tolerance for risk prior to investing in any structured investment |
A complete description of the risks associated with this investment is outlined in the Summary Risk Factors section of the applicable preliminary pricing supplement.
For questions, please call your Financial Advisor
* | The information listed above is not intended to be a complete description of all of the terms, risks and benefits of a particular investment. All maturities are approximate. All terms in brackets are indicative only and will be set on the applicable pricing date. All returns and any principal amount due at maturity are subject to the applicable issuers credit risk, with the exception of the Market-Linked Certificates of Deposit which have FDIC insurance, subject to applicable limitations. Please refer to the relevant investments offering documents and related material(s) for additional information. |
12 | CitiFirst Offerings Brochure | June 2015 |
Based on the Common Stock of American Airlines Group Inc. |
|
Indicative Terms*
Issuer: |
Citigroup Inc. | |
Underlying shares: |
Shares of the common stock of American Airlines Group Inc. (NASDAQ symbol: AAL) (the underlying share issuer) | |
Stated principal amount: |
$1,000 per security | |
Pricing date: |
June , 2015 (expected to be June 15, 2015) | |
Issue date: |
June , 2015 (three business days after the pricing date) | |
Valuation date: |
June , 2016 (expected to be June 15, 2016), subject to postponement if such date is not a scheduled trading day or if certain market disruption events occur | |
Maturity date: |
June , 2016 (expected to be June 20, 2016) | |
Coupon: |
7.00% to 9.00% per annum. The actual coupon rate will be determined on the pricing date | |
Coupon payment dates: |
Expected to be the 20th day of each month, commencing July , 2015 (expected to be July 20, 2015) and ending on the maturity date | |
Payment at maturity: |
For each $1,000 stated principal amount security you hold at maturity, you will be entitled to receive the final coupon payment plus: | |
If a downside event occurs: a number of underlying shares equal to the equity ratio (or, in our sole discretion, cash in an amount equal to the equity ratio multiplied by the final share price) | ||
If a downside event does not occur: $1,000 in cash | ||
If a downside event occurs, you will not receive the stated principal amount of your securities at maturity and, instead, will receive underlying shares (or, in our sole discretion, cash based on the value thereof) that will be worth less than 80% of the stated principal amount and may be worth nothing. Although you will be subject to the risk of a decline in the price of the underlying shares, you will not participate in any appreciation of the underlying shares over the term of the securities. | ||
Downside event: |
A downside event will occur if the final share price is less than the downside threshold price. | |
Downside threshold price: |
$ , 80.00% of the initial share price | |
Initial share price: |
$ , the closing price of the underlying shares on the pricing date | |
Final share price: |
The closing price of the underlying shares on the valuation date | |
Equity ratio: |
, the stated principal amount divided by the initial share price | |
Listing: |
The securities will not be listed on any securities exchange and, accordingly, may have limited or no liquidity. You should not invest in the securities unless you are willing to hold them to maturity. | |
CUSIP: |
17298CBJ6 |
For questions, please call your Financial Advisor
* | The information listed above is not intended to be a complete description of all of the terms, risks and benefits of a particular investment. All maturities are approximate. All terms in brackets are indicative only and will be set on the applicable pricing date. All returns and any principal amount due at maturity are subject to the applicable issuers credit risk, with the exception of the Market-Linked Certificates of Deposit which have FDIC insurance, subject to applicable limitations. Please refer to the relevant investments offering documents and related material(s) for additional information. |
CitiFirst Offerings Brochure | June 2015 | 13 |
Investor Profile
Investor Seeks: |
Investor Can Accept: | |
A short-term equity-linked investment |
A holding period of approximately 1 year | |
A risk-adjusted equity complement |
The possibility of losing a significant portion of the principal amount invested | |
The structured investments discussed herein are not suitable for all investors. Prospective investors should evaluate their financial objectives and tolerance for risk prior to investing in any structured investment |
A complete description of the risks associated with this investment is outlined in the Summary Risk Factors section of the applicable preliminary pricing supplement.
For questions, please call your Financial Advisor
* | The information listed above is not intended to be a complete description of all of the terms, risks and benefits of a particular investment. All maturities are approximate. All terms in brackets are indicative only and will be set on the applicable pricing date. All returns and any principal amount due at maturity are subject to the applicable issuers credit risk, with the exception of the Market-Linked Certificates of Deposit which have FDIC insurance, subject to applicable limitations. Please refer to the relevant investments offering documents and related material(s) for additional information. |
14 | CitiFirst Offerings Brochure | June 2015 |
Based on the Common Stock of Twitter, Inc. |
|
Indicative Terms*
Issuer: |
Citigroup Inc. | |
Underlying shares: |
Shares of the common stock of Twitter, Inc. (NYSE symbol: TWTR) (the underlying share issuer) | |
Stated principal amount: |
$1,000 per security | |
Pricing date: |
June , 2015 (expected to be June 16, 2015) | |
Issue date: |
June , 2015 (three business days after the pricing date) | |
Valuation date: |
June , 2016 (expected to be June 16, 2016), subject to postponement if such date is not a scheduled trading day or if certain market disruption events occur | |
Maturity date: |
June , 2016 (expected to be June 21, 2016) | |
Coupon: |
8.00% to 9.00% per annum. The actual coupon rate will be determined on the pricing date. | |
Coupon payment dates: |
Expected to be the 21st day of each month, commencing July , 2015 (expected to be July 21, 2015) and ending on the maturity date | |
Payment at maturity: |
For each $1,000 stated principal amount security you hold at maturity, you will be entitled to receive the final coupon payment plus: | |
If a downside event occurs: | ||
a number of underlying shares equal to the equity ratio (or, in our sole discretion, cash in an amount equal to the equity ratio multiplied by the final share price) | ||
If a downside event does not occur: | ||
$1,000 in cash | ||
If a downside event occurs, you will not receive the stated principal amount of your securities at maturity and, instead, will receive underlying shares (or, in our sole discretion, cash based on the value thereof) that will be worth less than 80% of the stated principal amount and may be worth nothing. Although you will be subject to the risk of a decline in the price of the underlying shares, you will not participate in any appreciation of the underlying shares over the term of the securities. | ||
Downside event: |
A downside event will occur if the final share price is less than the downside threshold price. | |
Downside threshold price: |
$ , 80.00% of the initial share price | |
Initial share price: |
$ , the closing price of the underlying shares on the pricing date | |
Final share price: |
The closing price of the underlying shares on the valuation date | |
Equity ratio: |
, the stated principal amount divided by the initial share price | |
Listing: |
The securities will not be listed on any securities exchange and, accordingly, may have limited or no liquidity. You should not invest in the securities unless you are willing to hold them to maturity. | |
CUSIP: |
17298CBH0 |
For questions, please call your Financial Advisor
* | The information listed above is not intended to be a complete description of all of the terms, risks and benefits of a particular investment. All maturities are approximate. All terms in brackets are indicative only and will be set on the applicable pricing date. All returns and any principal amount due at maturity are subject to the applicable issuers credit risk, with the exception of the Market-Linked Certificates of Deposit which have FDIC insurance, subject to applicable limitations. Please refer to the relevant investments offering documents and related material(s) for additional information. |
CitiFirst Offerings Brochure | June 2015 | 15 |
Investor Profile
Investor Seeks: |
Investor Can Accept: | |
A short-term equity-linked investment |
A holding period of approximately 1 year | |
A risk-adjusted equity complement |
The possibility of losing a significant portion of the principal amount invested | |
The structured investments discussed herein are not suitable for all investors. Prospective investors should evaluate their financial objectives and tolerance for risk prior to investing in any structured investment |
A complete description of the risks associated with this investment is outlined in the Summary Risk Factors section of the applicable preliminary pricing supplement.
For questions, please call your Financial Advisor
* | The information listed above is not intended to be a complete description of all of the terms, risks and benefits of a particular investment. All maturities are approximate. All terms in brackets are indicative only and will be set on the applicable pricing date. All returns and any principal amount due at maturity are subject to the applicable issuers credit risk, with the exception of the Market-Linked Certificates of Deposit which have FDIC insurance, subject to applicable limitations. Please refer to the relevant investments offering documents and related material(s) for additional information. |
16 | CitiFirst Offerings Brochure | June 2015 |
Shares of the SPDR® S&P® Biotech ETF |
|
Indicative Terms*
Issuer: |
Citigroup Inc. | |
Underlying shares: |
Shares of the SPDR® S&P® Biotech ETF (NYSE Arca symbol: XBI) (the underlying share issuer or ETF) | |
Stated principal amount: |
$1,000 per security | |
Pricing date: |
June , 2015 (expected to be June 26, 2015) | |
Issue date: |
June , 2015 (three business days after the pricing date) | |
Valuation date: |
June , 2020 (expected to be June 26, 2020), subject to postponement if such date is not a scheduled trading day or if certain market disruption events occur | |
Maturity date: |
July , 2020 (expected to be July 1, 2020) | |
Payment at maturity: |
For each $1,000 stated principal amount security you hold at maturity: | |
If the final share price is greater than or equal to the initial share price: | ||
$1,000 + the leveraged return amount, subject to the maximum return at maturity | ||
If the final share price is less than the initial share price but greater than or equal to the barrier price: | ||
$1,000 | ||
If the final share price is less than the barrier price: | ||
$1,000 x the share performance factor | ||
If the final share price is less than the barrier price, your payment at maturity will be less, and possibly significantly less, than $800.00 per security. You should not invest in the securities unless you are willing and able to bear the risk of losing a significant portion of your investment. | ||
Initial share price: |
, the closing price of the underlying shares on the pricing date | |
Final share price: |
The closing price of the underlying shares on the valuation date | |
Share performance factor: |
The final share price divided by the initial share price | |
Share percent increase: |
The final share price minus the initial share price, divided by the initial share price | |
Leveraged return amount: |
$1,000 x share percent increase x leverage factor | |
Leverage factor: |
200.00% | |
Barrier price: |
, 80.00% of the initial share price | |
Maximum return at maturity: |
$750.00 to $850.00 per security (75.00% to 85.00% of the stated principal amount), to be determined on the pricing date. Because of the maximum return at maturity, the payment at maturity will not exceed $1,750.00 to $1,850.00 per security. | |
Listing: |
The securities will not be listed on any securities exchange and, accordingly, may have limited or no liquidity. You should not invest in the securities unless you are willing to hold them to maturity. | |
CUSIP: |
17298CBN7 |
For questions, please call your Financial Advisor
* | The information listed above is not intended to be a complete description of all of the terms, risks and benefits of a particular investment. All maturities are approximate. All terms in brackets are indicative only and will be set on the applicable pricing date. All returns and any principal amount due at maturity are subject to the applicable issuers credit risk, with the exception of the Market-Linked Certificates of Deposit which have FDIC insurance, subject to applicable limitations. Please refer to the relevant investments offering documents and related material(s) for additional information. |
CitiFirst Offerings Brochure | June 2015 | 17 |
Investor Profile
Investor Seeks: |
Investor Can Accept: | |
A medium-term equity index-linked investment |
A holding period of approximately 5 years | |
A risk-adjusted equity complement |
The possibility of losing a significant portion of the principal amount invested | |
The structured investments discussed herein are not suitable for all investors. Prospective investors should evaluate their financial objectives and tolerance for risk prior to investing in any structured investment |
A complete description of the risks associated with this investment is outlined in the Summary Risk Factors section of the applicable preliminary pricing supplement.
For questions, please call your Financial Advisor
* | The information listed above is not intended to be a complete description of all of the terms, risks and benefits of a particular investment. All maturities are approximate. All terms in brackets are indicative only and will be set on the applicable pricing date. All returns and any principal amount due at maturity are subject to the applicable issuers credit risk, with the exception of the Market-Linked Certificates of Deposit which have FDIC insurance, subject to applicable limitations. Please refer to the relevant investments offering documents and related material(s) for additional information. |
18 | CitiFirst Offerings Brochure | June 2015 |
General Overview of Investments
|
CitiFirst Protection Investments |
Investments |
Maturity |
Risk Profile* |
Return* | |||
Contingent |
1-2 Years | Full principal amount due at maturity | If the underlying never crosses either an upside or downside threshold, the return on the investment equals the absolute value of the return of the underlying. Otherwise, the return equals zero | |||
Contingent Upside |
1-3 Years | Full principal amount due at maturity | If the underlying crosses an upside threshold, the return on the investment equals an interest payment paid at maturity. Otherwise, the return equals the greater of the return of the underlying and zero | |||
Minimum Coupon |
3-5 Years | Full principal amount due at maturity | If the underlying ever crosses an upside threshold during a coupon period, the return for the coupon period equals the minimum coupon. Otherwise, the return for a coupon period equals the greater of the return of the underlying during the coupon period and the minimum coupon |
|
CitiFirst Performance Investments |
Investments |
Maturity |
Risk Profile* |
Return* | |||
ELKS® |
6-13 Months | Payment at maturity may be less than the principal amount | A fixed coupon is paid regardless of the performance of the underlying. If the underlying never crosses a downside threshold, the return on the investment equals the coupons paid. Otherwise, the return equals the sum of the coupons paid and the return of the underlying at maturity | |||
Buffer Notes |
1-3 Years | Payment at maturity may be less than the principal amount | If the return of the underlying is positive at maturity, the return on the investment equals the lesser of (a) the return of the underlying multiplied by a participation rate and (b) the maximum return on the notes. If the return of the underlying is either zero or negative by an amount lesser than the buffer amount, the investor receives the stated principal amount. Otherwise, the return on the investment equals the return of the underlying plus the buffer amount | |||
PACERSSM |
3-5 Years | Payment at maturity may be less than the principal amount | If the underlying is equal to or greater than a threshold (such as its initial value) on any call date, the note is called and the return on the investment equals a fixed premium. If the note has not been called, at maturity, if the underlying has crossed a downside threshold, the return on the investment equals the return of the underlying, which will be negative. Otherwise, the return equals zero | |||
LASERSSM |
3-4 Years | Payment at maturity may be less than the principal amount | If the return of the underlying is positive at maturity, the return on the investment equals the return of the underlying multiplied by a participation rate (some versions are subject to a maximum return on the notes). If the return of the underlying is negative and the underlying has crossed a downside threshold, the return on the investment equals the return of the underlying, which will be negative. Otherwise, the return equals zero |
|
CitiFirst Opportunity Investments |
Investments |
Maturity |
Risk Profile* |
Return* | |||
Upturn Notes |
1-2 Years | Payment at maturity may be zero | If the underlying is above its initial level at maturity, the return on the investment equals the lesser of the return of the underlying multiplied by a participation rate and the maximum return on the notes. Otherwise, the return equals the return of the underlying | |||
Fixed Upside Return Notes |
1-2 Years | Payment at maturity may be zero | If the underlying is equal to or above its initial level at maturity, the return on the investment equals a predetermined fixed amount. Otherwise, the return equals the return of the underlying | |||
Strategic Market Access Notes |
3-4 Years | Payment at maturity may be zero | The return on the investment equals the return of a unique index created by Citi |
* | All returns and any principal amount due at maturity are subject to the applicable issuers credit risk, with the exception of Market-Linked Certificates of Deposit which has FDIC insurance, subject to applicable limitations. This is not a complete list of CitiFirst structures. The descriptions above are not intended to completely describe how an investment works or to detail all of the terms, risks and benefits of a particular investment. The return profiles can change. Please refer to the offering documents and related material(s) of a particular investment for a comprehensive description of the structure, terms, risks and benefits related to that investment. |
CitiFirst Offerings Brochure | June 2015 | 19 |
Important Information for the Monthly Offerings
Investment Information
The investments set forth in the previous pages are intended for general indication only of the CitiFirst Investments offerings. The issuer reserves the right to terminate any offering prior to its pricing date or to close ticketing early on any offering.
SEC Registered (Public) Offerings
Each issuer has separately filed a registration statement (including a prospectus) with the Securities and Exchange Commission (the SEC) for the SEC registered offerings by that issuer to which this communication relates. Before you invest in any of the registered offerings identified in this Offerings Brochure, you should read the prospectus in the applicable registration statement and the other documents the issuer have filed with the SEC for more complete information about that issuer and offerings. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov.
For Registered Offerings Issued by: Citigroup Inc.
Issuers Registration Statement Number: 333-192302
Issuers CIK on the SEC Website: 0000831001
Alternatively, you can request a prospectus and any other documents related to the offerings, either in hard copy or electronic form, by calling toll-free 1-877-858-5407 or by calling your Financial Advisor.
The SEC registered securities described herein are not bank deposits but are senior, unsecured debt obligations of the issuer. The SEC registered securities are not insured or guaranteed by the Federal Deposit Insurance Corporation (FDIC) or any other governmental agency or instrumentality.
Market-Linked Certificates of Deposit
The Market-Linked Deposits (MLDs) are not SEC registered offerings and are not required to be so registered. For indicative terms and conditions on any MLD, please contact your Financial Advisor or call the toll-free number 1-800-831-9146.
20 | CitiFirst Offerings Brochure | June 2015 |
Overview of Key Benefits and Risks of CitiFirst Investments
CitiFirst Offerings Brochure | June 2015 | 21 |
22 | CitiFirst Offerings Brochure | June 2015 |
Notes
CitiFirst Offerings Brochure | June 2015 | 23 |
Notes
At Citi, our talented professionals are dedicated to delivering innovative value added investments and services to our clients across the globe. Our teams in structuring, marketing, sales and trading are focused on educating our distribution partners and putting clients first.
To discuss CitiFirst investment ideas and strategies, Financial Advisors, Private Bankers and other distribution partners may call our sales team. Private Investors should call their financial advisor or private banker.
Client service number for Financial Advisors and Distribution Partners in the Americas: +1 (212) 723-7288
For more information, please go to www.citifirst.com
©2015 Citigroup Inc. Citi and Citi with Arc Design are registered service marks of Citigroup Inc. or its affiliates. |