Summary by Moomoo AI
Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., has announced the offering of 2-year Market-Linked Securities tied to the Nasdaq Generations 5 Index (ticker: NDXGEN5). The securities are set to price on September 30, 2024, with a valuation date of September 30, 2026, and maturity on October 5, 2026. The potential upside participation rate ranges from 175.00% to 200.00%, which will be finalized on the pricing date. The return amount for investors will depend on the final index level compared to the initial index level, with a full principal return of $1,000 per security if the final index level is less than or equal to the initial index level. The securities are subject to the credit risk of both Citigroup Global Markets Holdings Inc. and Citigroup Inc. The Nasdaq...Show More