| Standard & Poor's | Moody's | |||
| Rating | Ausblick | Rating | Ausblick | |
| Senior Debt | A+ | stabil | A1 | stabil |
| Short-Term Obligations | A-1 | P-1 | ||
Citigroup Global Markets Europe AG
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Important Notice: For legal reasons the contents of this section of the Website cannot be made available to U.S. residents. These materials and any products described herein are not being offered or targeted to U.S. persons or to U.S. residents and access by them is prohibited.
The section of the Website is located at https://de.citifirst.com/en-de and is operated by a number of group companies of Citigroup (“Citigroup”) including Citigroup Global Markets Europe AG (“CGME”, “we”, “us”, “our”), which is licensed by the European Central Bank and regulated by the European Central Bank - Sonnemannstr. 20, 60314 Frankfurt am Main - as well as the German Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht – BaFin) - Graurheindorfer Straße 108, 53117 Bonn and Marie-Curie-Straße 24-28, 60439 Frankfurt am Main. The information on this section of the Website relates to securities (the “Products”) and is provided for your private use only. This section of the Website, and the information on it, are provided for informational purposes only and do not constitute an invitation, offer or solicitation to engage in any investment activity including to sell or purchase any financial instruments including, but not limited to, an interest in any Products.
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The information on this section of the Website is provided for information only and the fact that CGME has made it available does not constitute investment advice or a recommendation to buy, sell or otherwise transact in any particular Product. Products involve a high degree of risk and are not necessarily suitable for everyone. The Products featured on this section of the Website are only intended for sale to sophisticated investors who are capable of understanding and assuming the risks involved and may not be suitable for you.
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Any product/strategy ideas are provided by our sales and trading department. Such material is therefore not a direct recommendation from our research department. The information in this section of the Website generally constitutes marketing communications (pursuant to Article 36(2) of Commission Delegated Regulation (EU) 2017/565 of 25 April 2016 (“DelReg MiFID II”) and not research (pursuant to Article 36(1) DelReg MiFID II). The marketing communications have not been prepared in compliance with the legal provisions promoting the independence of research and are not subject to the prohibition of trading following the distribution of research.
On the occasions where information provided includes extracts or summary material derived from research reports published by our research department, you are advised to obtain and review the original piece of research to see the research analyst’s full analysis.
No offer is being made. Nothing in this section of the Website constitutes, forms part of or should be considered as an offer, solicitation or invitation to buy or sell any Products on this section of the Website or to engage in any investment activity mentioned.
We strongly recommend that you seek professional investment advice before making any investment decision.
All prices or values provided on this section of the Website are indicative only. Such prices or values may not reflect actual prices or values that would be available in the market at the time provided or at the time you may decide to purchase or sell an interest in a particular Product. CGME accepts no responsibility for updating the price information available on this section of the Website. Information on historic performance of Products and/or underlying investments is no indication of future performance. No representation is made that any Product will, or is likely to, achieve results similar to those shown
The distribution of the information contained on this section of the Website may be restricted by law. This section of the Website, and the information on it, are not addressed to any person to whom it is unlawful to make such information available. The information on this section of the Website is only made available to investors in Germany and the information on this section of the Website is not aimed or directed at, or made available to, persons outside Germany. The Products are not available and prospectuses and other offering materials in respect of them will not be distributed to any person resident in any country where such distribution would be contrary to local law or regulation. You are still requested to inform yourself about any individual restrictions that are specific to countries and persons and comply with them.
The Products contained in this section of the Website may not be suitable for all retail investors. You should therefore consider the terms of investment in any Product carefully, and seek professional investment advice, before making any decision to invest in a Product.
The information about Products contained in this section of the Website is only made available to residents of Germany. However, you acknowledge that the selection of Germany as your country of residence does not mean that any or all Products in relation to which information is made available, have been deemed suitable for you.
The conditions of the Products are contained in offering documents prepared by the relevant issuer. The offering documents comprise either a base prospectus (which may be supplemented from time to time) and final terms of the offer, a key information document (if applicable) or an offering circular and a pricing supplement (the “Offering Documents”). In the event of any inconsistency between the information on this section of the Website regarding a particular Product and the terms of the Offering Documents, the Offering Documents shall prevail. The terms of the Offering Documents relating to each Product will contain risk warnings which are specific to that Product. To the extent you intend on acquiring an interest in a Product, you should read the Offering Documents carefully. To the extent that any information on this section of the Website, including any Offering Documents, relates to a third party which is not affiliated with CGME, this information has been provided by that third party and is the sole responsibility of such third party. As such, CGME accepts no liability for such information.
Persons interested in acquiring any interest in a Product referred to on this section of the Website should inform themselves as to (i) the legal requirements within the countries of their nationality, residence, ordinary residence or domicile; (ii) any foreign exchange control requirement which they might encounter; and (iii) the income tax and other tax consequences which might be relevant to the acquisition, holding or disposal of such investment. You must make your own independent assessment as to your eligibility to invest in any Product referred to on this section of the Website under the laws of your country of nationality, residence, ordinary residence or domicile.
Any investment involves risk. Products can be high risk investments which are also subject to general market risks. You should not enter into any transactions unless you have fully understood all such risks and have independently determined that such transactions are appropriate for you. In this respect please note that:
• any investment in Products may involve substantial risks including, but not limited to, interest rate risk, currency risk, liquidity risk, market risk, credit risk, political risk, company risk and current value;
• the price and value of the Products are not guaranteed;
• the value of the Products may fluctuate significantly between the purchase date of the Product and maturity;
• the value of the Products will be affected by the price or levels of the underlying asset which may fluctuate substantially and expose the Product to losses;
• the value of Products can go down as well as up and you may receive back less than you initially invested;
• price fluctuations in the corresponding subscription items influence the value of the Products;
• Product prices are volatile. If the basic value moves contrary to the anticipated direction, losses in connection with the Product may be proportionately greater than losses in connection with the basic value;
• Products generally have a limited term and may expire without value; investors should therefore reckon with losses to the amount of the original purchase price (and the transaction fees thus incurred);
• past performance is no reliable indicator for future performance. To the extent that this section of the Website contains any indications as to future performance, such forecasts are not a reliable indicator of future performance;
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• tax assumptions may change if the law changes, and the value of tax relief (if any) will depend upon your individual circumstances. You should consult your own tax advisers in order to understand any applicable tax consequences;
• the market for Products may be limited due to a lack of liquidity or low trading volume. This means that there may be difficulty in selling them at a reasonable price and, in some circumstances; it may be difficult to sell them at any price. Investors should not rely on selling the Products at a particular time or for a particular amount;
• investors may not be able to hedge the risks involved with these investments. Investors could make equal losses on any hedging transactions as well as losses on the Products. Neither the issuer nor any affiliate provides any assurances or guarantee as to the performance of the Products and is not under any obligation to make a market in or to repurchase the Products; and
• the insolvency or inability to meet payment obligations of any institution providing services such as safekeeping of assets or acting as a counterparty may expose the Product to financial loss or delays in receiving monies due which may substantially affect the value of your investment.
The above list of risk factors is not complete and you may be subject to considerable risk when holding the Product. You must refer to the relevant Offering Documents with respect to individual Products for a full list of risk factors. We strongly recommend that you seek professional investment advice before making any investment decision.
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Access to this section of the Website is permitted on a temporary basis and CGME reserves the right to withdraw or amend the service it provides on this section of the Website without notice.
Information and opinions contained on this section of the Website have been compiled or arrived at by CGME from sources believed to be reliable. Any opinions attributed to CGME constitute its judgement as of the date of the relevant material and are subject to change without notice. CGME, any companies affiliated with CGME or any of their directors, officers, employees or other representatives do not accept any liability, express or implied, for the actuality, completeness or accuracy of the content of the information provided.
Subject to the following paragraph, neither CGME, nor any of the companies affiliated with CGME, nor any of their directors, officers, employees or other representatives shall be liable for any loss or damage of any kind (including consequential, indirect damages or loss of profits) arising out of or in connection with your access to, use of or reliance on any information contained in this section of the Website.
CGME will be liable – except in cases of bodily harm – only for wilful misconduct (Vorsatz) or gross negligence (grobe Fahrlässigkeit). Further CGME will be liable for the ordinary negligent breach (leichte Fahrlässigkeit) of fundamental obligations, limited to typically foreseeable damages.
You hereby agree not to raise any claims or undertake proceedings against us, irrespective of any existing claims against CGME, its respective members of the governing bodies (Organe), employees, and agents (Erfüllungs- und Verrichtungsgehilfen) of CGME or any companies affiliated with CGME. This will not apply in cases of bodily harm (Personenschäden) as well as in cases of wilful misconduct.
CGME, any companies affiliated with CGME and their directors, officers, employees or clients (a “Citi Entity”) may have other commercial relationships with and access to information from the issuer(s) of securities, financial instruments or other interests identical or related to transactions entered into with investors.
A Citi Entity may perform various roles in relation to the Products and, as such, may have a conflict of interest which arises as a consequence of the role it performs in relation to the Products or as a consequence of its activities more generally. A Citi Entity may owe professional and fiduciary obligations to persons other than the holders of the Product. The interests of these other persons may differ from the interests of the holders of a Product and in such situations, the Citi Entity may take decisions which adversely affect such holders.
A Citi Entity may have or have had interests or long or short positions in any financial instruments underlying the Product or other financial instruments referred to on this section of the Website and may at any time make purchases and/or sales in them as principal or agent. In addition, CGME and/or its affiliates may act or have acted as market maker in respect of an underlying financial instrument or entered into an arrangement to hedge the market risk associated with such financial instrument.
CGME has a conflicts of interest policy which specifies the procedures that it follows and the measures that it has adopted in order to avoid such conflicts or to manage such conflicts in a way that ensures fair treatment for its clients.
Where this section of the Website contains links to other sites and resources provided by third parties, these links are provided for your information only and do not constitute any form of advice or recommendation and – to the extent that links to other websites and sources provided by third parties link to information on other investment products – this cannot be treated as any form of intended direct or indirect marketing of such products in Germany. CGME has no control over the contents of those websites or resources and neither CGME nor any of its affiliates make any representation as to the accuracy or completeness of such websites or resources and have not and will not review or update them. Neither CGME nor any of its affiliates accept any responsibility for websites and resources provided by third parties or for any loss or damage that may arise from your use of them.
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If any provision of these Terms is held by any court or competent authority to be illegal, void, invalid or unenforceable under the laws of any jurisdiction, the legality, validity and enforceability of the remainder of these Terms in that jurisdiction shall not be affected, and the legality, validity and enforceability of the whole of these Terms in any other jurisdiction shall not be affected.
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