[FWP] Citigroup Inc. Free Writing Prospectus
On June 30, 2025, Weyerhaeuser Company ("WY") entered into a $1.75 billion, five-year senior unsecured Amended and Restated Revolving Credit Facility with a lender group led by Wells Fargo. The new facility replaces the company’s March 2023 $1.5 billion revolver, raising committed liquidity by $250 million and extending maturity to June 30, 2030. Proceeds may be deployed for working capital, debt refinancing, acquisitions, share repurchases and capital expenditures.
Borrowings will accrue interest at the company’s option of Term SOFR, Daily Simple SOFR or Base Rate plus a ratings-based margin, giving WY pricing flexibility while preserving investment-grade terms. Key covenants require (i) minimum adjusted shareholders’ equity of $3.0 billion and (ii) a funded-debt-to-capital ratio of ≤65%. Additional provisions limit secured debt, sale-leasebacks and transformational transactions, all customary for unsecured investment-grade credit lines.
The agreement is unsecured and contains no borrowing-base mechanism, signalling lender confidence in WY’s balance-sheet quality. Expanded capacity and a long tenor strengthen the company’s liquidity buffer ahead of potential lumber-price volatility and provide strategic flexibility for growth or shareholder-return initiatives.
Il 30 giugno 2025, Weyerhaeuser Company ("WY") ha stipulato un facility di credito revolving senior non garantito rinnovato e modificato da 1,75 miliardi di dollari con scadenza a cinque anni con un gruppo di finanziatori guidato da Wells Fargo. La nuova linea sostituisce il revolver da 1,5 miliardi di dollari del marzo 2023, incrementando la liquidità impegnata di 250 milioni di dollari e prorogando la scadenza al 30 giugno 2030. I proventi potranno essere utilizzati per il capitale circolante, rifinanziamento del debito, acquisizioni, riacquisto di azioni e spese in conto capitale.
I prestiti matureranno interessi a scelta della società tra Term SOFR, Daily Simple SOFR o Base Rate più uno spread basato sul rating, offrendo a WY flessibilità nella determinazione del prezzo mantenendo condizioni da investimento di qualità. Le principali clausole richiedono (i) un patrimonio netto rettificato minimo di 3,0 miliardi di dollari e (ii) un rapporto debito finanziato/capitale ≤65%. Ulteriori disposizioni limitano il debito garantito, le operazioni di sale-leaseback e le transazioni trasformazionali, tutte prassi comuni per linee di credito senior non garantite di qualità investment-grade.
L'accordo è non garantito e non prevede meccanismi di base di prestito, segnalando la fiducia dei finanziatori nella solidità del bilancio di WY. La capacità ampliata e la lunga durata rafforzano la riserva di liquidità della società in vista di potenziali volatilità dei prezzi del legname e offrono flessibilità strategica per iniziative di crescita o di ritorno per gli azionisti.
El 30 de junio de 2025, Weyerhaeuser Company ("WY") suscribió una línea de crédito renovable senior no garantizada enmendada y restablecida de 1.750 millones de dólares a cinco años con un grupo de prestamistas liderado por Wells Fargo. La nueva línea reemplaza la revolvente de 1.500 millones de dólares de marzo de 2023, incrementando la liquidez comprometida en 250 millones de dólares y extendiendo el vencimiento al 30 de junio de 2030. Los fondos pueden destinarse a capital de trabajo, refinanciamiento de deuda, adquisiciones, recompra de acciones y gastos de capital.
Los préstamos devengarán intereses a elección de la compañía entre Term SOFR, Daily Simple SOFR o Base Rate más un margen basado en calificaciones, brindando a WY flexibilidad en la fijación de precios mientras mantiene términos de grado de inversión. Los convenios clave requieren (i) un patrimonio neto ajustado mínimo de 3.000 millones de dólares y (ii) una relación deuda financiada a capital ≤65%. Disposiciones adicionales limitan la deuda garantizada, las operaciones de sale-leaseback y las transacciones transformacionales, todas habituales para líneas de crédito senior no garantizadas con grado de inversión.
El acuerdo es no garantizado y no incluye un mecanismo de base de préstamos, lo que indica la confianza de los prestamistas en la calidad del balance de WY. La capacidad ampliada y el largo plazo fortalecen el colchón de liquidez de la compañía ante la posible volatilidad de los precios de la madera y proporcionan flexibilidad estratégica para iniciativas de crecimiento o retorno a accionistas.
2025년 6월 30일, Weyerhaeuser Company("WY")는 Wells Fargo가 주도하는 대출자 그룹과 함께 17억 5천만 달러 규모의 5년 만기 선임 무담보 수정 및 재작성된 회전 신용 시설을 체결했습니다. 이 새로운 시설은 2023년 3월 15억 달러 회전 신용을 대체하며, 약정된 유동성을 2억 5천만 달러 증가시키고 만기를 2030년 6월 30일로 연장했습니다. 자금은 운전자본, 부채 재융자, 인수, 자사주 매입 및 자본 지출에 사용할 수 있습니다.
차입금은 회사 선택에 따라 Term SOFR, Daily Simple SOFR 또는 Base Rate에 등급에 따른 마진을 더한 이자를 적용받아 WY는 투자등급 조건을 유지하면서 가격 책정에 유연성을 가질 수 있습니다. 주요 약정 조건은 (i) 조정된 최소 주주 자본 30억 달러와 (ii) 자본 대비 차입금 비율 65% 이하를 요구합니다. 추가 조항은 담보 부채, 매각 후 재임대 및 변혁 거래를 제한하며, 모두 무담보 투자등급 신용 라인에 일반적인 조치입니다.
이 계약은 무담보이며 차입 한도 기반 메커니즘이 없어 대출자들이 WY의 재무 건전성을 신뢰함을 나타냅니다. 확대된 용량과 긴 만기는 잠재적인 목재 가격 변동성에 대비한 회사의 유동성 완충 역할을 강화하고 성장 또는 주주 환원 전략에 유연성을 제공합니다.
Le 30 juin 2025, Weyerhaeuser Company (« WY ») a conclu une facilité de crédit renouvelable senior non garantie modifiée et révisée de 1,75 milliard de dollars sur cinq ans avec un groupe de prêteurs dirigé par Wells Fargo. Cette nouvelle facilité remplace la ligne de crédit renouvelable de 1,5 milliard de dollars de mars 2023, augmentant la liquidité engagée de 250 millions de dollars et prolongeant l’échéance au 30 juin 2030. Les fonds peuvent être utilisés pour le fonds de roulement, le refinancement de la dette, les acquisitions, les rachats d’actions et les dépenses d’investissement.
Les emprunts porteront intérêt, au choix de la société, au Term SOFR, Daily Simple SOFR ou Base Rate majoré d’une marge basée sur la notation, offrant à WY une flexibilité tarifaire tout en conservant des conditions de qualité investissement. Les principaux engagements exigent (i) un fonds propres ajusté minimum de 3,0 milliards de dollars et (ii) un ratio dette financée/capitaux propres ≤65%. Des dispositions supplémentaires limitent la dette garantie, les opérations de cession-bail et les transactions transformationnelles, toutes habituelles pour des lignes de crédit senior non garanties de qualité investissement.
L’accord est non garanti et ne comprend aucun mécanisme de base d’emprunt, ce qui témoigne de la confiance des prêteurs dans la solidité du bilan de WY. La capacité accrue et la longue durée renforcent la réserve de liquidité de la société face à la volatilité potentielle des prix du bois et offrent une flexibilité stratégique pour des initiatives de croissance ou de retour aux actionnaires.
Am 30. Juni 2025 hat die Weyerhaeuser Company ("WY") eine 1,75 Milliarden US-Dollar umfassende, fünfjährige Senior-unbesicherte geänderte und neu ausgestaltete revolvierende Kreditfazilität mit einer von Wells Fargo geführten Kreditgebergruppe abgeschlossen. Die neue Fazilität ersetzt die revolvierende Kreditlinie des Unternehmens aus dem März 2023 über 1,5 Milliarden US-Dollar, erhöht die zugesagte Liquidität um 250 Millionen US-Dollar und verlängert die Laufzeit bis zum 30. Juni 2030. Die Mittel können für das Betriebskapital, die Umschuldung von Verbindlichkeiten, Akquisitionen, Aktienrückkäufe und Investitionsausgaben verwendet werden.
Die Kreditaufnahme verzinst sich nach Wahl des Unternehmens entweder mit Term SOFR, Daily Simple SOFR oder dem Basiszinssatz zuzüglich einer bonitätsabhängigen Marge, was WY Preisflexibilität bei gleichzeitiger Wahrung von Investment-Grade-Bedingungen bietet. Wichtige Auflagen verlangen (i) ein minimales angepasstes Eigenkapital von 3,0 Milliarden US-Dollar und (ii) ein Verhältnis von finanzierten Schulden zum Kapital von ≤65%. Weitere Bestimmungen beschränken besicherte Schulden, Sale-Leasebacks und transformative Transaktionen, allesamt üblich für unbesicherte Investment-Grade-Kreditlinien.
Die Vereinbarung ist unbesichert und enthält keinen Kreditbasis-Mechanismus, was das Vertrauen der Kreditgeber in die Bilanzqualität von WY signalisiert. Die erweiterte Kapazität und die lange Laufzeit stärken den Liquiditätspuffer des Unternehmens angesichts möglicher Schwankungen der Holzpreise und bieten strategische Flexibilität für Wachstums- oder Aktionärsrückführungsinitiativen.
- Liquidity boost: Facility increased to $1.75 billion, up $250 million versus prior line.
- Extended tenor: Maturity pushed to June 2030, locking in five-year committed capital.
- Unsecured structure: Preserves asset flexibility and avoids collateral constraints.
- Investment-grade covenants: Leverage and equity thresholds leave ample headroom.
- Potential for higher leverage: Larger revolver could encourage additional borrowing during downturns.
- Floating-rate exposure: SOFR-based pricing may lift interest expense if rates remain elevated.
- Covenant restrictions: Limits on secured debt and M&A could constrain strategic options if metrics deteriorate.
Insights
TL;DR: Upsized, five-year unsecured revolver enhances WY’s liquidity with manageable covenants—credit-positive.
Increasing the revolver to $1.75 billion adds roughly 17% incremental liquidity while maintaining unsecured status, limiting collateral encumbrance. The 65% debt-to-capital cap and $3 billion equity floor are modest for a BBB/Baa context and leave headroom relative to WY’s historical leverage. Rating-linked pricing tightens spreads if upgrades occur, limiting carry cost. Overall, the amendment strengthens the company’s liquidity profile without materially raising credit risk.
TL;DR: Neutral for equity—more flexibility for buybacks/acquisitions but also scope for higher leverage.
The enlarged, flexible revolver gives management optionality to repurchase stock or pursue bolt-on timberland deals, supporting capital-allocation agility. However, a larger credit line could precede incremental borrowing during industry downturns, potentially diluting EPS if not accretive. With SOFR-based rates floating upward, carry cost will rise if fully drawn. Absent immediate deployment plans, the announcement is strategically useful yet unlikely to move near-term earnings.
Il 30 giugno 2025, Weyerhaeuser Company ("WY") ha stipulato un facility di credito revolving senior non garantito rinnovato e modificato da 1,75 miliardi di dollari con scadenza a cinque anni con un gruppo di finanziatori guidato da Wells Fargo. La nuova linea sostituisce il revolver da 1,5 miliardi di dollari del marzo 2023, incrementando la liquidità impegnata di 250 milioni di dollari e prorogando la scadenza al 30 giugno 2030. I proventi potranno essere utilizzati per il capitale circolante, rifinanziamento del debito, acquisizioni, riacquisto di azioni e spese in conto capitale.
I prestiti matureranno interessi a scelta della società tra Term SOFR, Daily Simple SOFR o Base Rate più uno spread basato sul rating, offrendo a WY flessibilità nella determinazione del prezzo mantenendo condizioni da investimento di qualità. Le principali clausole richiedono (i) un patrimonio netto rettificato minimo di 3,0 miliardi di dollari e (ii) un rapporto debito finanziato/capitale ≤65%. Ulteriori disposizioni limitano il debito garantito, le operazioni di sale-leaseback e le transazioni trasformazionali, tutte prassi comuni per linee di credito senior non garantite di qualità investment-grade.
L'accordo è non garantito e non prevede meccanismi di base di prestito, segnalando la fiducia dei finanziatori nella solidità del bilancio di WY. La capacità ampliata e la lunga durata rafforzano la riserva di liquidità della società in vista di potenziali volatilità dei prezzi del legname e offrono flessibilità strategica per iniziative di crescita o di ritorno per gli azionisti.
El 30 de junio de 2025, Weyerhaeuser Company ("WY") suscribió una línea de crédito renovable senior no garantizada enmendada y restablecida de 1.750 millones de dólares a cinco años con un grupo de prestamistas liderado por Wells Fargo. La nueva línea reemplaza la revolvente de 1.500 millones de dólares de marzo de 2023, incrementando la liquidez comprometida en 250 millones de dólares y extendiendo el vencimiento al 30 de junio de 2030. Los fondos pueden destinarse a capital de trabajo, refinanciamiento de deuda, adquisiciones, recompra de acciones y gastos de capital.
Los préstamos devengarán intereses a elección de la compañía entre Term SOFR, Daily Simple SOFR o Base Rate más un margen basado en calificaciones, brindando a WY flexibilidad en la fijación de precios mientras mantiene términos de grado de inversión. Los convenios clave requieren (i) un patrimonio neto ajustado mínimo de 3.000 millones de dólares y (ii) una relación deuda financiada a capital ≤65%. Disposiciones adicionales limitan la deuda garantizada, las operaciones de sale-leaseback y las transacciones transformacionales, todas habituales para líneas de crédito senior no garantizadas con grado de inversión.
El acuerdo es no garantizado y no incluye un mecanismo de base de préstamos, lo que indica la confianza de los prestamistas en la calidad del balance de WY. La capacidad ampliada y el largo plazo fortalecen el colchón de liquidez de la compañía ante la posible volatilidad de los precios de la madera y proporcionan flexibilidad estratégica para iniciativas de crecimiento o retorno a accionistas.
2025년 6월 30일, Weyerhaeuser Company("WY")는 Wells Fargo가 주도하는 대출자 그룹과 함께 17억 5천만 달러 규모의 5년 만기 선임 무담보 수정 및 재작성된 회전 신용 시설을 체결했습니다. 이 새로운 시설은 2023년 3월 15억 달러 회전 신용을 대체하며, 약정된 유동성을 2억 5천만 달러 증가시키고 만기를 2030년 6월 30일로 연장했습니다. 자금은 운전자본, 부채 재융자, 인수, 자사주 매입 및 자본 지출에 사용할 수 있습니다.
차입금은 회사 선택에 따라 Term SOFR, Daily Simple SOFR 또는 Base Rate에 등급에 따른 마진을 더한 이자를 적용받아 WY는 투자등급 조건을 유지하면서 가격 책정에 유연성을 가질 수 있습니다. 주요 약정 조건은 (i) 조정된 최소 주주 자본 30억 달러와 (ii) 자본 대비 차입금 비율 65% 이하를 요구합니다. 추가 조항은 담보 부채, 매각 후 재임대 및 변혁 거래를 제한하며, 모두 무담보 투자등급 신용 라인에 일반적인 조치입니다.
이 계약은 무담보이며 차입 한도 기반 메커니즘이 없어 대출자들이 WY의 재무 건전성을 신뢰함을 나타냅니다. 확대된 용량과 긴 만기는 잠재적인 목재 가격 변동성에 대비한 회사의 유동성 완충 역할을 강화하고 성장 또는 주주 환원 전략에 유연성을 제공합니다.
Le 30 juin 2025, Weyerhaeuser Company (« WY ») a conclu une facilité de crédit renouvelable senior non garantie modifiée et révisée de 1,75 milliard de dollars sur cinq ans avec un groupe de prêteurs dirigé par Wells Fargo. Cette nouvelle facilité remplace la ligne de crédit renouvelable de 1,5 milliard de dollars de mars 2023, augmentant la liquidité engagée de 250 millions de dollars et prolongeant l’échéance au 30 juin 2030. Les fonds peuvent être utilisés pour le fonds de roulement, le refinancement de la dette, les acquisitions, les rachats d’actions et les dépenses d’investissement.
Les emprunts porteront intérêt, au choix de la société, au Term SOFR, Daily Simple SOFR ou Base Rate majoré d’une marge basée sur la notation, offrant à WY une flexibilité tarifaire tout en conservant des conditions de qualité investissement. Les principaux engagements exigent (i) un fonds propres ajusté minimum de 3,0 milliards de dollars et (ii) un ratio dette financée/capitaux propres ≤65%. Des dispositions supplémentaires limitent la dette garantie, les opérations de cession-bail et les transactions transformationnelles, toutes habituelles pour des lignes de crédit senior non garanties de qualité investissement.
L’accord est non garanti et ne comprend aucun mécanisme de base d’emprunt, ce qui témoigne de la confiance des prêteurs dans la solidité du bilan de WY. La capacité accrue et la longue durée renforcent la réserve de liquidité de la société face à la volatilité potentielle des prix du bois et offrent une flexibilité stratégique pour des initiatives de croissance ou de retour aux actionnaires.
Am 30. Juni 2025 hat die Weyerhaeuser Company ("WY") eine 1,75 Milliarden US-Dollar umfassende, fünfjährige Senior-unbesicherte geänderte und neu ausgestaltete revolvierende Kreditfazilität mit einer von Wells Fargo geführten Kreditgebergruppe abgeschlossen. Die neue Fazilität ersetzt die revolvierende Kreditlinie des Unternehmens aus dem März 2023 über 1,5 Milliarden US-Dollar, erhöht die zugesagte Liquidität um 250 Millionen US-Dollar und verlängert die Laufzeit bis zum 30. Juni 2030. Die Mittel können für das Betriebskapital, die Umschuldung von Verbindlichkeiten, Akquisitionen, Aktienrückkäufe und Investitionsausgaben verwendet werden.
Die Kreditaufnahme verzinst sich nach Wahl des Unternehmens entweder mit Term SOFR, Daily Simple SOFR oder dem Basiszinssatz zuzüglich einer bonitätsabhängigen Marge, was WY Preisflexibilität bei gleichzeitiger Wahrung von Investment-Grade-Bedingungen bietet. Wichtige Auflagen verlangen (i) ein minimales angepasstes Eigenkapital von 3,0 Milliarden US-Dollar und (ii) ein Verhältnis von finanzierten Schulden zum Kapital von ≤65%. Weitere Bestimmungen beschränken besicherte Schulden, Sale-Leasebacks und transformative Transaktionen, allesamt üblich für unbesicherte Investment-Grade-Kreditlinien.
Die Vereinbarung ist unbesichert und enthält keinen Kreditbasis-Mechanismus, was das Vertrauen der Kreditgeber in die Bilanzqualität von WY signalisiert. Die erweiterte Kapazität und die lange Laufzeit stärken den Liquiditätspuffer des Unternehmens angesichts möglicher Schwankungen der Holzpreise und bieten strategische Flexibilität für Wachstums- oder Aktionärsrückführungsinitiativen.
Citigroup Global Markets Holdings Inc. Guaranteed by Citigroup Inc. 3 Year Autocallable Contingent Coupon Securities Linked to the Worst of SPXDPU1 and GDX Preliminary Terms This summary of terms is not complete and should be read with the preliminary pricing supplement below Citigroup Global Markets Holdings Inc. Issuer: Citigroup Inc. Guarantor: The S&P 500 Dynamic Participation Index (ticker: “SPXDPU1”) and the VanEck ® Gold Miners ETF (ticker: “GDX”) Underlyings: July 10, 2025 Pricing date: Monthly Valuation dates: July 13, 2028 Maturity date: 7.50% per annum, paid monthly only if the closing value of the worst performer is greater than or equal to its coupon barrier value on the related valuation date. You are not assured of receiving any contingent coupon. Contingent coupon: For each underlying, 65.00% of its initial underlying value Coupon barrier value: For each underlying, 75.00% of its initial underlying value Final buffer value: 25.00% Buffer percentage: If on any autocall date the closing value of the worst performer is greater than or equal to its initial underlying value, the securities will be automatically called for an amount equal to the principal plus the related contingent coupon Automatic early redemption: Monthly on valuation dates beginning after one year Autocall dates: 17333LHK4 / US17333LHK44 CUSIP / ISIN: For each underlying, its closing value on the pricing date Initial underlying value: For each underlying, its closing value on the final valuation date Final underlying value: For each underlying on any valuation date, (i) its current closing value minus initial underlying value, divided by (ii) its initial underlying value Underlying return: On any valuation date, the underlying with the lowest underlying return Worst performer: • If the final underlying value of the worst performer is greater than or equal to its final buffer value: $1,000 • If the final underlying value of the worst performer is less than its final buffer value: $1,000 + [$1,000 п (the underlying return of the worst performer on the final valuation date + the buffer percentage)] If the securities are not automatically redeemed prior to maturity and the final underlying value of the worst performer on the final valuation date is less than its final buffer value, which means that the worst performer on the final valuation date has depreciated from its initial underlying value by more than the buffer percentage, you will lose 1% of the stated principal amount of your securities at maturity for every 1% by which that depreciation exceeds the buffer percentage. All payments on the securities are subject to the credit risk of Citigroup Global Markets Holdings Inc. and Citigroup Inc. Payment at maturity (if not autocalled): $1,000 per security Stated principal amount: Preliminary Pricing Supplement dated July 2, 2025 Preliminary pricing supplement: * Assumes the interim valuation date is also an autocall date. Hypothetical Interim Payment per Security Hy p ot h e t i cal R ede m p t i o n * Hypothetical Payment for Interim Valuation Date Hypothetical Worst Underlying Return on Interim Valuation Date Redeemed $1,006.25 100.00% Redeemed $1,006.25 50.00% Redeemed $1,006.25 25.00% Redeemed $1,006.25 0.00% Securities not redeemed $6.25 - 0.01% Securities not redeemed $6.25 - 35.00% Securities not redeemed $0.00 - 35.01% Securities not redeemed $0.00 - 50.00% Securities not redeemed $0.00 - 75.00% Securities not redeemed $0.00 - 100.00% Hypothetical Payment at Maturity per Security Assumes the securities have not been automatically redeemed prior to maturity and does not include the final contingent coupon payment, if any. Hypothetical Payment at Maturity Hypothetical Worst Underlying Return on Final Valuation Date $1,000.00 100.00% $1,000.00 50.00% $1,000.00 25.00% $1,000.00 0.00% $1,000.00 - 25.00% $999.90 - 25.01% $750.00 - 50.00% $500.00 - 75.00% $250.00 - 100.00%
Citigroup Global Markets Holdings Inc. Guaranteed by Citigroup Inc. Selected Risk Considerations • You may lose a significant portion of your investment. Unlike conventional debt securities, the securities do not provide for the repayment of the stated principal amount at maturity in all circumstances. If the securities are not automatically redeemed prior to maturity, your payment at maturity will depend on the final underlying value of the worst performer on the final valuation date. If the final underlying value of the worst performer on the final valuation date is less than its final buffer value, which means that the worst performer on the final valuation date has depreciated from its initial underlying value by more than the buffer percentage, you will lose 1% of the stated principal amount of your securities for every 1% by which that depreciation exceeds the buffer percentage. • You will not receive any contingent coupon following any valuation date on which the closing value of the worst performer on that valuation date is less than its coupon barrier value. • The securities are subject to heightened risk because they have multiple underlyings. • The return on the securities depends solely on the performance of the worst performer. As a result, the securities are subject to the risks of each of the underlyings and will be negatively affected if any one underlying performs poorly. • You will be subject to risks relating to the relationship between the underlyings. The less correlated the underlyings, the more likely it is that any one of the underlyings will perform poorly over the term of the securities. All that is necessary for the securities to perform poorly is for one of the underlyings to perform poorly. • The securities may be automatically redeemed prior to maturity, limiting your opportunity to receive contingent coupons if the worst performer performs in a way that would otherwise be favorable. • The securities offer downside exposure, but no upside exposure, to the underlyings. • The securities are particularly sensitive to the volatility of the closing values of the underlyings on or near the valuation dates . • The securities are subject to the credit risk of Citigroup Global Markets Holdings Inc . and Citigroup Inc . If Citigroup Global Markets Holdings Inc . defaults on its obligations under the securities and Citigroup Inc . defaults on its guarantee obligations, you may not receive anything owed to you under the securities . • The securities will not be listed on any securities exchange and you may not be able to sell them prior to maturity . • The estimated value of the securities on the pricing date will be less than the issue price . For more information about the estimated value of the securities, see the accompanying preliminary pricing supplement . • The value of the securities prior to maturity will fluctuate based on many unpredictable factors . • The VanEck ® Gold Miners ETF is subject to risks associated with non - U . S . markets . • Fluctuations in exchange rates will affect the closing value of the VanEck ® Gold Miners ETF . • The VanEck ® Gold Miners ETF is subject to risks associated with the gold and silver mining industries. • The issuer and its affiliates may have conflicts of interest with you. • The U.S. federal tax consequences of an investment in the securities are unclear. The above summary of selected risks does not describe all of the risks associated with an investment in the securities. You should read the accompanying preliminary pricing supplement and product supplement for a more complete description of risks relating to the securities. Additional Information Citigroup Global Markets Holdings Inc. and Citigroup Inc. have filed registration statements (including the accompanying preliminary pricing supplement, product supplement, underlying supplement, prospectus supplement and prospectus) with the Securities and Exchange Commission (“SEC”) for the offering to which this communication relates. Before you invest, you should read the accompanying preliminary pricing supplement, product supplement, underlying supplement, prospectus supplement and prospectus in those registration statements (File Nos. 333 - 270327 and 333 - 270327 - 01) and the other documents Citigroup Global Markets Holdings Inc. and Citigroup Inc. have filed with the SEC for more complete information about Citigroup Global Markets Holdings Inc., Citigroup Inc. and this offering. You may obtain these documents without cost by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, you can request these documents by calling toll - free 1 - 800 - 831 - 9146. Filed pursuant to Rule 433 This offering summary does not contain all of the material information an investor should consider before investing in the securities. This offering summary is not for distribution in isolation and must be read together with the accompanying preliminary pricing supplement and the other documents referred to therein, which can be accessed via the link on the first page.
FAQ
How much did Weyerhaeuser (WY) increase its revolving credit facility?
When does the new credit facility expire?
What are the key financial covenants in Weyerhaeuser’s amended revolver?
Is the credit agreement secured by Weyerhaeuser’s assets?
What interest benchmarks apply to borrowings under the facility?
