Summary by Moomoo AI
Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., has announced the offering of 2.5-year Market-Linked Securities tied to the Nasdaq-100 Index (ticker: “NDX”). The securities have a pricing date set for April 30, 2024, with a valuation date on October 30, 2026, and maturity date on November 4, 2026. The securities offer a 100.00% upside participation rate and a minimum of 20.00% 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 index from the initial to the final value. Payments are subject to the credit risk of both Citigroup Global Markets Holdings Inc. and Citigroup Inc. The securities do not pay interest and will not...Show More