Summary by Moomoo AI
Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., has announced the offering of 3 Year Autocallable Barrier Securities linked to the S&P 500 Futures Excess Return Index (SPXFP). The securities have a pricing date set for April 25, 2024, with interim and final valuation dates on April 28, 2025, and April 26, 2027, respectively. The maturity date is April 29, 2027. The securities offer a return amount based on the underlying return and an upside participation rate of 125.00%. The final barrier value is set at 70.00% of the initial underlying value. An automatic early redemption feature is included, which calls the securities for the principal plus a premium if the underlying's closing value on the interim valuation date is at or above the initial value. The premium is...Show More