Summary by Moomoo AI
Citigroup Global Markets Holdings Inc., a subsidiary of Citigroup Inc., has announced the offering of unsecured debt securities linked to the Nasdaq-100 Index, with a maturity date of March 31, 2027. These Market-Linked Securities do not pay interest but offer potential returns based on the index's performance from the initial to the final underlying value, subject to a maximum return at maturity. The securities are guaranteed by Citigroup Inc. and have a stated principal amount of $1,000 per security, with an upside participation rate of 100%. The pricing date is set for September 25, 2024, and the issue date is September 30, 2024. The valuation date is March 25, 2027, with the possibility of postponement under certain conditions. The securities will not be listed on any securities exchange...Show More