Notes: Oct 19, 2020-- Citigroup Global Markets Holdings Inc. (“CGMHI”) announced today that it will accelerate at its option, and in full, the ten series of exchange-traded notes listed below (the “ETNs”).
VelocityShares Daily 4X
Long USD vs. JPY Index
ETN
VelocityShares Daily 4X
Long USD vs. EUR Index
ETN
VelocityShares Daily 4X
Long USD vs. GBP Index
ETN
VelocityShares Daily 4X
Long USD vs. CHF Index
ETN
VelocityShares Daily 4X
Long USD vs AUD Index
ETN
VelocityShares Daily 4X
Long JPY vs. USD Index
ETN
VelocityShares Daily 4X
Long EUR vs. USD Index
ETN
VelocityShares Daily 4X
Long GBP vs. USD Index
ETN
VelocityShares Daily 4X
Long CHF vs. USD Index
ETN
VelocityShares Daily 4X
Long AUD vs. USD Index
ETN
Holders of the ETNs will receive a cash payment per ETN in an amount (the “Optional Acceleration Redemption Amount”) equal to the fixing indicative value of the respective series of ETNs on the Optional Acceleration Valuation Date. The Optional Acceleration Valuation Date is expected to be October 30, 2020. The Optional Acceleration Redemption Amount is expected to be paid to investors on November 4, 2020.