Summary by Moomoo AI
Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., has announced the offering of 1.5-year Market-Linked Securities tied to the Citi Dynamic Asset Selector 5 Excess Return Index (CIISDA5N). The securities are set to price on April 30, 2024, with a valuation date of October 30, 2025, and maturity on November 4, 2025. The securities offer an upside participation rate of at least 200%, which will be finalized on the pricing date. Investors will receive the principal amount plus a return amount, which could be zero or positive, depending on the final index level at maturity compared to the initial index level. The securities are subject to the credit risk of both Citigroup Global Markets Holdings Inc. and Citigroup Inc. The Index, created by Citigroup Global Markets Limited...Show More