Filed pursuant to Rule 433
Registration Statement Nos. 333-216372 and 333-216372-01
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CitiFirst Offerings Brochure | September 2017
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For all offerings documented herein (other than the Market-Linked Certificates of Deposit):
Investment Product | Not FDIC Insured | May Lose Value | No Bank Guarantee |
CitiFirst Offerings Brochure | September 2017
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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:
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CitiFirst Protection | CitiFirst Performance |
CitiFirst Opportunity | ||
Full principal amount due at maturity | Payment due at maturity may be less than the principal amount | Payment due at maturity may be zero | ||
Investments provide for the full principal amount to be due at maturity, subject to the credit risk of the issuer, and are for investors who place a priority on the preservation of principal while looking for a way to potentially outperform cash or traditional fixed income investments | Investments provide for a payment due at maturity, subject to the credit risk of the issuer, that may be less than the principal amount and in some cases may be zero, and are for investors who are seeking the potential for current income and/or growth, in addition to partial or contingent downside protection | Investments provide for a payment at maturity, subject to the credit risk of the issuer, that may be zero and are for investors who are willing to take full market risk in return for either leveraged principal appreciation at a predetermined rate or access to a unique underlying strategy |
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.
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CitiFirst Offerings Brochure | September 2017
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Market-Linked Notes Based on a Basket of Three Underliers (5.0 Years) |
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Indicative Terms*
Issuer: | Citigroup Global Markets Holdings Inc., a wholly owned subsidiary of Citigroup Inc. | |||
Guarantee: | All payments due on the notes are fully and unconditionally guaranteed by Citigroup Inc. | |||
Basket: | Basket Component | Weighting Initial Component Value* | ||
S&P 500® Index (ticker symbol: SPX) | 25.00% | |||
EURO STOXX 50® Index (ticker symbol: SX5E) | 25.00% | |||
Shares of the iShares® iBoxx® $ High Yield Corporate Bond ETF (ticker symbol: HYG) | 50.00% | |||
* 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 | ||||
Stated Principal Amount: | $1,000 per note | |||
Pricing Date: | September , 2017 (expected to be September 26, 2017) | |||
Issue Date: | September , 2017 (three business days after the pricing date) | |||
Valuation Date: | September , 2022 (expected to be September 26, 2022), subject to postponement if such date is not a scheduled trading day or if certain market disruption events occur with respect to a basket component | |||
Maturity Date: | September , 2022 (expected to be September 29, 2022) | |||
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 | |||
Note return amount: | If the basket return percentage is greater than zero: | |||
$1,000 x basket return percentage x upside participation rate | ||||
If the basket return percentage is less than or equal to zero: | ||||
$0 | ||||
Basket return percentage: | (final basket level initial basket level) / initial basket level | |||
Initial basket level: | 100 | |||
Final basket level: | 100 x [1 + (component return of SPX x 25%) + (component return of SX5E x 25%) + (component return of HYG x 50%)] | |||
Component return: | For each basket component: (final component value initial component value) / initial component value | |||
Final component value: | For each basket component, the closing level or closing price, as applicable, of that basket component on the valuation date. | |||
Upside participation rate: | 100.00% to 110.00%. The actual upside participation rate will be determined on the pricing date. | |||
CUSIP: | 17324CM86 | |||
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. |
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 | September 2017
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Investor Profile
Investor Seeks: | Investor Can Accept: | |||||||
∎ |
A medium-term equity index-linked investment |
∎ |
A holding period of approximately five years | |||||
∎ |
Full principal amount 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 |
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
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CitiFirst Offerings Brochure | September 2017
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Autocallable Contingent Coupon Equity Linked Securities Based on the Worst Performing of the Common Stock of Biogen Inc. and the Common Stock of Celgene Corporation |
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Indicative Terms*
Issuer: | Citigroup Global Markets Holdings Inc., a wholly owned subsidiary of Citigroup Inc. | |||||||||
Guarantee: | All payments due on the securities are fully and unconditionally guaranteed by Citigroup Inc. | |||||||||
Underlying shares: | Underlying shares | Initial share price* | Coupon barrier price** | Final barrier price*** | Equity ratio**** | |||||
Shares of Common Stock of Biogen Inc. | $ | $ | $ | $ | ||||||
Shares of Common Stock of Celgene Corporation | $ | $ | $ | $ | ||||||
* The closing price of the applicable underlying shares on the pricing date | ||||||||||
** For each of the underlying shares, 77.50% of the applicable initial share price | ||||||||||
*** For each of the underlying shares, 77.50% of the applicable initial share price | ||||||||||
**** The stated principal amount divided by the applicable initial share price, subject to anti-dilution adjustments for certain corporate events |
Stated principal amount: | $1,000 per security | |
Pricing date: | September , 2017 (expected to be September 12, 2017) | |
Issue date: | September , 2017 (three business days after the pricing date) | |
Valuation dates: | Expected to be December 12, 2017, March 12, 2018, June 12, 2018 and September 12, 2018 (the final valuation date), each subject to postponement if such date is not a scheduled trading day for either of the underlying shares or if certain market disruption events occur with respect to either of the underlying shares | |
Maturity date: | Unless earlier redeemed, September , 2018 (expected to be September 17, 2018) | |
Contingent coupon payment dates: | For each valuation date, the fifth business day after such valuation date, except that the contingent coupon payment date for the final valuation date will be the maturity date | |
Contingent coupon: | On each quarterly contingent coupon payment date, unless previously redeemed, the securities will pay a contingent coupon equal to 2.50% to 2.75% (approximately 10.00% to 11.00% per annum) (to be determined on the pricing date) of the stated principal amount of the securities if and only if the closing price of the worst performing underlying shares on the related valuation date is greater than or equal to the applicable coupon barrier price. If the closing price of the worst performing underlying shares on any quarterly valuation date is less than the applicable coupon barrier price, you will not receive any contingent coupon payment on the related contingent coupon payment date. |
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 | September 2017
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Payment at maturity: | If the securities are not automatically redeemed prior to maturity, you will be entitled to receive at maturity for each security you then hold: | |
If the final share price of the worst performing underlying shares on the final valuation date is greater than or equal to the applicable final barrier price: | ||
$1,000 plus the contingent coupon payment due at maturity | ||
If the final share price of the worst performing underlying shares on the final valuation date is less than the applicable final barrier price: | ||
a fixed number of the worst performing underlying shares equal to the applicable equity ratio (or, if we exercise our cash election right, the cash value of those shares based on their closing price on the final valuation date) | ||
If the final share price of the worst performing underlying shares on the final valuation date is less than the applicable final barrier price, you will receive a number of the worst performing underlying shares (or, in our sole discretion, cash) worth less than 77.50% of the stated principal amount of your securities, and possibly nothing, at maturity, and you will not receive any contingent coupon payment at maturity. | ||
Automatic early redemption: | If, on any potential redemption date, the closing price of the worst performing underlying shares is greater than or equal to the applicable initial share price, each security you then hold will be automatically redeemed on the related contingent coupon payment date for an amount in cash equal to $1,000 plus the related contingent coupon payment | |
Potential redemption dates: | Each quarterly valuation date beginning in December 2017 and ending in June 2018 | |
Final share price: | For each of the underlying shares, the applicable closing price on the final valuation date | |
Share performance factor: | For each of the underlying shares on any valuation date, the applicable closing price on that valuation date divided by the applicable initial share price | |
Worst performing underlying shares: | For any valuation date, the underlying shares with the lowest share performance factor on that valuation date | |
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: | 17324XDA5 |
Investor Profile
Investor Seeks: | Investor Can Accept: | |||||||
∎ |
A short-term equity-linked investment |
∎ |
A holding period of approximately one 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
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CitiFirst Offerings Brochure | September 2017
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Indicative Terms*
Issuer: | Citigroup Global Markets Holdings Inc., a wholly owned subsidiary of Citigroup Inc. | |||||||
Guarantee: | All payments due on the securities are fully and unconditionally guaranteed by Citigroup Inc. | |||||||
Underlying shares: | Underlying shares | Initial share price* |
Coupon barrier price** |
Final barrier price*** | ||||
Shares of Common Stock of TripAdvisor, Inc. |
$ | $ | $ | |||||
Shares of Common Stock of salesforce.com, inc. |
$ | $ | $ | |||||
Shares of Class A Common Stock of Facebook, Inc. |
$ | $ | $ | |||||
Shares of Common Stock of FedEx Corporation |
$ | $ | $ | |||||
* The closing price of the applicable underlying shares on the pricing date | ||||||||
** For each of the underlying shares, 50% of the applicable initial share price | ||||||||
*** For each of the underlying shares, 50% of the applicable initial share price |
Stated principal amount: | $1,000 per security | |
Pricing date: | September , 2017 (expected to be September 26, 2017) | |
Issue date: | September , 2017 (three business days after the pricing date) | |
Valuation dates: | The day of each month (expected to be the 26th day of each month), beginning in October 2017 and ending on September , 2019 (the final valuation date, which is expected to be September 26, 2019), each subject to postponement if such date is not a scheduled trading day for any of the underlying shares or if certain market disruption events occur with respect to any of the underlying shares | |
Maturity date: | Unless earlier redeemed, October , 2019 (expected to be October 1, 2019) | |
Contingent coupon payment dates: | For each valuation date, the fifth business day after such valuation date, except that the contingent coupon payment date for the final valuation date will be the maturity date |
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 | September 2017
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Contingent coupon: | On each monthly contingent coupon payment date, unless previously redeemed, the securities will pay a contingent coupon equal to at least 0.58333% (approximately 7.00% per annum) (to be determined on the pricing date) of the stated principal amount of the securities if and only if the closing price of the worst performing underlying shares on the related valuation date is greater than or equal to the applicable coupon barrier price. If the closing price of the worst performing underlying shares on any monthly valuation date is less than the applicable coupon barrier price, you will not receive any contingent coupon payment on the related contingent coupon payment date. | |
Payment at maturity: | If the securities are not automatically redeemed prior to maturity, you will be entitled to receive at maturity for each security you then hold: | |
If the final share price of the worst performing underlying shares on the final valuation date is greater than or equal to the applicable final barrier price: | ||
$1,000 plus the contingent coupon payment due at maturity | ||
If the final share price of the worst performing underlying shares on the final valuation date is less than the applicable final barrier price: | ||
$1,000 x the share performance factor of the worst performing underlying shares on the final valuation date | ||
If the final share price of the worst performing underlying shares on the final valuation date is less than the applicable final barrier price, you will receive less than 50% of the stated principal amount of your securities, and possibly nothing, at maturity, and you will not receive any contingent coupon payment at maturity. | ||
Automatic early redemption: | If, on any potential redemption date, the closing price of the worst performing underlying shares is greater than or equal to the applicable initial share price, each security you then hold will be automatically redeemed on the related contingent coupon payment date for an amount in cash equal to $1,000 plus the related contingent coupon payment | |
Potential redemption dates: | The valuation dates occurring in March, June, September and December of each year, beginning in December 2017 and ending in June 2019 | |
Final share price: | For each of the underlying shares, the applicable closing price on the final valuation date | |
Share performance factor: | For each of the underlying shares on any valuation date, the applicable closing price on that valuation date divided by the applicable initial share price | |
Worst performing underlying shares: | For any valuation date, the underlying shares with the lowest share performance factor on that valuation date | |
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: | 17324CM60 |
Investor Profile
Investor Seeks: | Investor Can Accept: | |||||||
∎ |
A short-term equity-linked investment |
∎ |
A holding period of approximately two 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
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CitiFirst Offerings Brochure | September 2017
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Buffer Securities Based on the S&P 500® Index (2.0 Years) |
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Indicative Terms*
Issuer: | Citigroup Global Markets Holdings Inc., a wholly owned subsidiary of Citigroup Inc. | |
Guarantee: | All payments due on the securities are fully and unconditionally guaranteed by Citigroup Inc. | |
Underlying index: | The S&P 500® Index (ticker symbol: SPX) | |
Stated principal amount: | $1,000 per security | |
Pricing date: | September , 2017 (expected to be September 12, 2017) | |
Issue date: | September , 2017 (three business days after the pricing date) | |
Valuation date: | September , 2019 (expected to be September 12, 2019), subject to postponement if such date is not a scheduled trading day or if certain market disruption events occur | |
Maturity date: | September , 2019 (expected to be September 17, 2019) | |
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 leveraged return amount, subject to the maximum return at maturity | ||
If the final index level is equal to the initial index level or less than the initial index level by an amount less than or equal to 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) + $150.00 | ||
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 leverage factor | |
Leverage factor: | 200.00% | |
Maximum return at maturity: | The maximum return at maturity will be determined on the pricing date and will be at least $146.50 per security (14.65% of the stated principal amount). Because of the maximum return at maturity, the payment at maturity will not exceed $1,146.50 per security. | |
Buffer amount: | 15.00% | |
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: | 17324CM94 |
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 | September 2017
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Investor Profile
Investor Seeks: | Investor Can Accept: | |||||||
∎ |
A short-term equity index-linked investment |
∎ |
A holding period of approximately two years | |||||
∎ |
A risk-adjusted equity complement |
∎ |
The possibility of losing a significant portion, possibly all, 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
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CitiFirst Offerings Brochure | September 2017
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Buffer Securities Based on the S&P 500® Index (5.0 Years) |
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Indicative Terms*
Issuer: | Citigroup Global Markets Holdings Inc., a wholly owned subsidiary of Citigroup Inc. | |
Guarantee: | All payments due on the securities are fully and unconditionally guaranteed by Citigroup Inc. | |
Underlying index: | The S&P 500® Index (ticker symbol: SPX) | |
Stated principal amount: | $1,000 per security | |
Pricing date: | September , 2017 (expected to be September 25, 2017) | |
Issue date: | September , 2017 (three business days after the pricing date) | |
Valuation date: | September , 2022 (expected to be September 26, 2022), subject to postponement if such date is not a scheduled trading day or if certain market disruption events occur | |
Maturity date: | September , 2022 (expected to be September 29, 2022) | |
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 leveraged return amount, subject to the maximum return at maturity | ||
If the final index level is equal to the initial index level or less than the initial index level by an amount less than or equal to 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) + $150.00 | ||
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 leverage factor | |
Leverage factor: | 100.00% to 110.00%. The actual leverage factor will be determined on the pricing date. | |
Maximum return at maturity: | $700.00 per security (70.00% of the stated principal amount). Because of the maximum return at maturity, the payment at maturity will not exceed $1,700.00 per security. | |
Buffer amount: | 15.00% | |
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: | 17324CM78 |
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 | September 2017
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Investor Profile
Investor Seeks: | Investor Can Accept: | |||||||
∎ |
A medium-term equity index-linked investment |
∎ |
A holding period of approximately five 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
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CitiFirst Offerings Brochure | September 2017
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Buffer Securities Based on the Worst Performing of the S&P 500® Index and the EURO STOXX 50® Index |
Indicative Terms*
Issuer: | Citigroup Global Markets Holdings Inc., a wholly owned subsidiary of Citigroup Inc. | |
Guarantee: | All payments due on the securities are fully and unconditionally guaranteed by Citigroup Inc. | |
Underlying indices: | The S&P 500® Index (ticker symbol: SPX) and the EURO STOXX 50® Index (ticker symbol: SX5E) | |
Stated principal amount: | $1,000 per security | |
Pricing date: | September , 2017 (expected to be September 26, 2017) | |
Issue date: | September , 2017 (three business days after the pricing date) | |
Valuation date: | September , 2020 (expected to be September 28, 2020, subject to postponement if such date is not a scheduled trading day or if certain market disruption events occur with respect to either underlying index | |
Maturity date: | October , 2020 (expected to be October 1, 2020) | |
Payment at maturity: | For each $1,000 stated principal amount security you hold at maturity: | |
If the final index level of the worst performing underlying index is greater than or equal to its initial index level: | ||
$1,000 + the upside return amount, subject to the maximum return at maturity | ||
If the final index level of the worst performing underlying index is less than its initial index level by an amount equal to or less than the buffer amount: | ||
$1,000 | ||
If the final index level of the worst performing underlying index is less than its initial index level by an amount greater than the buffer amount: | ||
$1,000 + [$1,000 x (the index performance of the worst performing underlying index + 20%)] | ||
If the worst performing underlying index depreciates from its initial index level to its final index level by more than the buffer amount, your payment at maturity will be less, and possibly significantly less, than the $1,000.00 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: | S&P 500® Index: (its closing level on the pricing date) EURO STOXX 50® Index: (its closing level on the pricing date) | |
Final index level: | For each underlying index, its closing level on the valuation date | |
Worst performing underlying index: | The underlying index with the lowest index performance | |
Index performance: | For each underlying index, its final index level minus its initial index level, divided by its initial index level | |
Upside return amount: | $1,000 x the index performance of the worst performing underlying index x the upside participation rate | |
Upside participation rate: | 130.00% to 150.00%. The actual upside participation rate will be determined on the pricing date. | |
Buffer amount: | 20.00% | |
Maximum return at maturity: | $450.00 per security (45.00% of the stated principal amount). Because of the maximum return at maturity, the payment at maturity will not exceed $1,450.00 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: | 17324CM29 |
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 | September 2017
|
15
|
Investor Profile
Investor Seeks: | Investor Can Accept: | |||||||
∎ |
A medium-term equity index-linked investment |
∎ |
A holding period of approximately three years | |||||
∎ |
A risk-adjusted equity complement |
∎ |
The possibility of losing a significant portion, possibly all, 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
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CitiFirst Offerings Brochure | September 2017
|
Buffer Securities Based on Shares of the iShares® MSCI Emerging Markets ETF |
Indicative Terms*
Issuer: | Citigroup Global Markets Holdings Inc., a wholly owned subsidiary of Citigroup Inc. | |
Guarantee: | All payments due on the securities are fully and unconditionally guaranteed by Citigroup Inc. | |
Underlying shares: | Shares of the iShares® MSCI Emerging Markets ETF (NYSE Arca symbol: EEM) (the underlying share issuer or ETF) | |
Stated principal amount: | $1,000 per security | |
Pricing date: | September , 2017 (expected to be September 12, 2017) | |
Issue date: | September , 2017 (three business days after the pricing date) | |
Valuation dates: | September , 2019 (expected to be September 12, 2019), subject to postponement if such date is not a scheduled trading day or if certain market disruption events occur | |
Maturity date: | September , 2019 (expected to be September 17, 2019) | |
Payment at maturity: | For each $1,000 stated principal amount security you hold at maturity: | |
If the final share price is greater than the initial share price: | ||
$1,000 + the leveraged return amount, subject to the maximum return at maturity | ||
If the final share price is equal to the initial share price or less than the initial share price by an amount less than or equal to the buffer amount: | ||
$1,000 | ||
If the final share price is less than the initial share price by an amount greater than the buffer amount: | ||
($1,000 x the share performance factor) + $150.00 | ||
If the underlying shares depreciate from the initial share price to the final share price 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 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 the share percent increase x the leverage factor | |
Leverage factor: | 200.00% | |
Maximum return at maturity: | The maximum return at maturity will be determined on the pricing date and will be at least $192.50 per security (19.25% of the stated principal amount). Because of the maximum return at maturity, the payment at maturity will not exceed $1,192.50 per security. | |
Buffer amount: | 15.00% | |
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: | 17324CMA1 |
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 | September 2017
|
17
|
Investor Profile
Investor Seeks: | Investor Can Accept: | |||||||
∎ |
A short-term equity-linked investment |
∎ |
A holding period of approximately two 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
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CitiFirst Offerings Brochure | September 2017
|
Dual Directional Barrier Securities Based on Shares of the SPDR® S&P 500® ETF Trust |
Indicative Terms*
Issuer: | Citigroup Global Markets Holdings Inc., a wholly owned subsidiary of Citigroup Inc. | |
Guarantee: | All payments due on the securities are fully and unconditionally guaranteed by Citigroup Inc. | |
Underlying shares: | Shares of the SPDR® S&P 500® ETF Trust (NYSE Arca symbol: SPY) (the underlying share issuer or ETF) | |
Stated principal amount: | $1,000 per security | |
Pricing date: | September , 2017 (expected to be September 26, 2017) | |
Issue date: | September , 2017 (three business days after the pricing date) | |
Valuation date: | March , 2021 (expected to be March 26, 2021), subject to postponement if such date is not a scheduled trading day or if certain market disruption events occur | |
Maturity date: | March , 2021 (expected to be March 31, 2021) | |
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 upside return amount, subject to the maximum upside return | ||
If the final share price is less than the initial share price but greater than or equal to the barrier price: | ||
$1,000 + the downside return amount | ||
If the final share price is less than the barrier price: | ||
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 the final share price is less than the barrier price, you will receive underlying shares (or, in our sole discretion, cash) worth less than 75.00% of the stated principal amount of your securities, and possibly nothing, at maturity. You should not invest in the securities unless you are willing and able to bear the risk of losing a significant portion, and up to all, 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 | |
Upside return amount: | $1,000 x the share percent change | |
Downside return amount: | $1,000 x the absolute value of the share percent change | |
Equity ratio: | , the stated principal amount divided by the initial share price, subject to adjustment as described in this pricing supplement | |
Share percent change: | The final share price minus the initial share price, divided by the initial share price | |
Barrier price: | $ , 75.00% of the initial share price | |
Maximum upside return: | $180.00 to $200.00 per security (18.00% to 20.00% of the stated principal amount), to be determined on the pricing date. | |
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: | 17324XCZ1 |
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 | September 2017
|
19
|
Investor Profile
Investor Seeks: | Investor Can Accept: | |||||||
∎ |
A medium-term equity-linked investment |
∎ |
A holding period of approximately 3.5 years | |||||
∎ |
A risk-adjusted equity complement |
∎ |
The possibility of losing a significant portion, possibly all, 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
20
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CitiFirst Offerings Brochure | September 2017
|
Enhanced Buffered Digital Securities Based on the Dow Jones Industrial AverageTM |
|
Indicative Terms*
Issuer: | Citigroup Global Markets Holdings Inc., a wholly owned subsidiary of Citigroup Inc. | |
Guarantee: | All payments due on the securities are fully and unconditionally guaranteed by Citigroup Inc. | |
Underlying index: | The Dow Jones Industrial AverageTM (ticker symbol: INDU) | |
Stated principal amount: | $1,000 per security | |
Pricing date: | September , 2017 (expected to be September 26, 2017) | |
Issue date: | September , 2017 (three business days after the pricing date) | |
Valuation date: | September , 2021 (expected to be September 27, 2021), subject to postponement if such date is not a scheduled trading day or if certain market disruption events occur | |
Maturity date: | September , 2021 (expected to be September 30, 2021) | |
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 or if it is less than the initial index level by an amount that is less than or equal to the buffer amount: | ||
$1,000 + the fixed return amount | ||
If the final index level is less than the initial index level by an amount that is greater than the buffer amount: | ||
($1,000 x the index performance factor) + $150.00 | ||
If the underlying index depreciates 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 | |
Fixed return amount: | $170.00 to $200.00 per security (17.00% to 20.00% 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 or if it is less than the initial index level by an amount that is less than or equal to the buffer amount. | |
Index performance factor: | The final index level divided by the initial index level | |
Buffer amount: | 15.00% | |
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: | 17324CM52 |
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 | September 2017
|
21
|
Investor Profile
Investor Seeks: | Investor Can Accept: | |||||||
∎ |
A medium-term equity index-linked investment |
∎ |
A holding period of approximately four years | |||||
∎ |
Fixed return amount |
∎ |
The possibility of losing a significant portion, possibly all, 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
22
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CitiFirst Offerings Brochure | September 2017
|
Enhanced Barrier Digital Plus Securities Based on Shares of the SPDR® Dow Jones® Industrial Average ETF Trust |
Indicative Terms*
Issuer: | Citigroup Global Markets Holdings Inc., a wholly owned subsidiary of Citigroup Inc. | |
Guarantee: | All payments due on the securities are fully and unconditionally guaranteed by Citigroup Inc. | |
Underlying shares: | Shares of the SPDR® Dow Jones® Industrial Average ETF Trust (NYSE Arca symbol: DIA) (the underlying share issuer or ETF) | |
Stated principal amount: | $1,000 per security | |
Pricing date: | September , 2017 (expected to be September 25, 2017) | |
Issue date: | September , 2017 (three business days after the pricing date) | |
Valuation date: | September , 2022 (expected to be September 26, 2022), subject to postponement if such date is not a scheduled trading day or if certain market disruption events occur | |
Maturity date: | September , 2022 (expected to be September 29, 2022) | |
Payment at maturity: | Foreach $1,000 stated principal amount security you hold at maturity: | |
If the final share price is greater than or equal to the barrier price: | ||
$1,000 + the greater of (i) the fixed return amount and (ii) $1,000 x the share percent increase | ||
If the final share price is less than the barrier price: | ||
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 the final share price is less than the barrier price, you will receive underlying shares (or, in our sole discretion, cash) worth less than 80.00% of the stated principal amount of your securities, and possibly nothing, at maturity. 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 | |
Fixed return amount: | $180.00 to $200.00 per security (18.00% to 20.00% of the stated principal amount), to be determined on the pricing date. You will receive the fixed return amount only if the final share price is greater than or equal to the barrier price. | |
Equity ratio: | , the stated principal amount divided by the initial share price, subject to adjustment as described in this pricing supplement | |
Share percent increase: | The final share price minus the initial share price, divided by the initial share price | |
Barrier price: | $ , 80.00% of 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: | 17324XDB3 |
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 | September 2017
|
23
|
Investor Profile
Investor Seeks: | Investor Can Accept: | |||||||
∎ |
A medium-term equity-linked investment |
∎ |
A holding period of approximately five years | |||||
∎ |
Fixed return amount |
∎ |
The possibility of losing a significant portion, possibly all, 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
24
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CitiFirst Offerings Brochure | September 2017
|
Enhanced Buffered Digital Securities Based on the EURO STOXX 50® Index |
Indicative Terms*
Issuer: | Citigroup Global Markets Holdings Inc., a wholly owned subsidiary of Citigroup Inc. | |
Guarantee: | All payments due on the securities are fully and unconditionally guaranteed by Citigroup Inc. | |
Underlying index: | The EURO STOXX 50® Index (ticker symbol: SX5E) | |
Stated principal amount: | $1,000 per security | |
Pricing date: | September , 2017 (expected to be September 26, 2017) | |
Issue date: | September , 2017 (three business days after the pricing date) | |
Valuation date: | September , 2020 (expected to be September 28, 2020), subject to postponement if such date is not a scheduled trading day or if certain market disruption events occur | |
Maturity date: | October , 2020 (expected to be October 1, 2020) | |
Payment at maturity: | Foreach $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 or if it is less than the initial index level by an amount that is less than or equal to the buffer amount: | ||
$1,000 + the fixed return amount | ||
If the final index level is less than the initial index level by an amount that is greater than the buffer amount: | ||
($1,000 x the index performance factor) + $150.00 | ||
If the underlying index depreciates 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 | |
Fixed return amount: | $160.00 to $190.00 per security (16.00% to 19.00% 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 or if it is less than the initial index level by an amount that is less than or equal to the buffer amount. | |
Index performance factor: | The final index level divided by the initial index level | |
Buffer amount: | 15.00% | |
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: | 17324CM45 |
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 | September 2017
|
25
|
Investor Profile
Investor Seeks: | Investor Can Accept: | |||||||
∎ |
A medium-term equity index-linked investment |
∎ |
A holding period of approximately three years | |||||
∎ |
Fixed return amount |
∎ |
The possibility of losing a significant portion, possibly all, 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
26
|
CitiFirst Offerings Brochure | September 2017
|
Enhanced Buffered Digital Securities Based on the Russell 2000® Index |
Indicative Terms*
Issuer: | Citigroup Global Markets Holdings Inc., a wholly owned subsidiary of Citigroup Inc. | |
Guarantee: | All payments due on the securities are fully and unconditionally guaranteed by Citigroup Inc. | |
Underlying index: | The Russell 2000® Index (ticker symbol: RTY) | |
Stated principal amount: | $1,000 per security | |
Pricing date: | September , 2017 (expected to be September 26, 2017) | |
Issue date: | September , 2017 (three business days after the pricing date) | |
Valuation date: | September , 2020 (expected to be September 28, 2020), subject to postponement if such date is not a scheduled trading day or if certain market disruption events occur | |
Maturity date: | October , 2020 (expected to be October 1, 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 or if it is less than the initial index level by an amount that is less than or equal to the buffer amount: | ||
$1,000 + the fixed return amount | ||
If the final index level is less than the initial index level by an amount that is greater than the buffer amount: | ||
($1,000 x the index performance factor) + $150.00 | ||
If the underlying index depreciates 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 | |
Fixed return amount: | $135.00 to $165.00 per security (13.50% to 16.50% 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 or if it is less than the initial index level by an amount that is less than or equal to the buffer amount. | |
Index performance factor: | The final index level divided by the initial index level | |
Buffer amount: | 15.00% | |
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: | 17324CM37 |
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 | September 2017
|
27
|
Investor Profile
Investor Seeks: | Investor Can Accept: | |||||||
∎ |
A medium-term equity index-linked investment |
∎ |
A holding period of approximately three years | |||||
∎ |
Fixed return amount |
∎ |
The possibility of losing a significant portion, possibly all, 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
28
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CitiFirst Offerings Brochure | September 2017
|
General Overview of Investments
|
CitiFirst Protection Investments |
Investments | Maturity | Risk Profile* | Return* | |||
Contingent Absolute Return MLDs/Notes | 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 Participation MLDs/Notes | 1-5 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 Notes | 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 | |||
Market-Linked Notes/ Deposits & Safety First Trust Certificates | 3-7 Years | Full principal amount due at maturity |
The return on the investment equals the greater of the return of the underlying multiplied by a participation rate and zero; the maximum return is capped |
|
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 | 1-5 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 | |||
CoBas/PACERSSM | 1-5 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 | 1-5 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.
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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, if applicable, 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 and guarantor, if applicable, 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 Global Markets Holdings Inc.
Issuers Registration Statement Numbers: 333-216372 and 333-216372-01
Issuers CIK on the SEC Website: 0000200245
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.
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and Risks of CitiFirst Investments
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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) 723-3136
For more information, please go to www.citifirst.com
Standard & Poors, S&P 500®, and S&P® are trademarks of The McGraw-Hill Companies, Inc. and have been licensed for use by Citigroup Inc.
Dow Jones Industrial AverageTM is a service mark of Dow Jones & Company, Inc. (Dow Jones) and has been licensed for use by Citigroup Funding Inc. The Notes described herein are not sponsored, endorsed, sold or promoted by Dow Jones and Dow Jones makes no warranties and bears no liability with respect to the Notes.
EURO STOXX 50® is a service mark of STOXX Limited and/or its licensors that has been sublicensed for use for certain purposes by Citigroup Inc. and its affiliates. For more information, see Equity Index Descriptions EURO STOXX 50® Index License Agreement with STOXX Limited in the accompanying underlying supplement.
Citi Personal Wealth Management is a business of Citigroup Inc., which offers investment products through Citigroup Inc., member SIPC. Citibank, N.A. is an affiliated company under control of Citigroup Inc.
©2017 Citigroup Inc. Citi and Citi with Arc Design are registered service marks of Citigroup Inc. or its affiliates. |
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