Summary by Moomoo AI
Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., has announced the offering of 2.75-year Market-Linked Securities tied to the Dow Jones Industrial Average (INDU). The securities have a pricing date set for April 25, 2024, with a valuation date and maturity date on January 25, 2027, and January 28, 2027, respectively. The securities offer a 100.00% upside participation rate and a minimum of 18.65% maximum return at maturity, which will be determined on the pricing date. The return amount for investors will be either zero or positive, depending on the performance of the underlying INDU from the initial value on the pricing date to the final value on the valuation date. Payments are subject to the credit risk of both Citigroup Global Markets Holdings Inc. and...Show More