Summary by Moomoo AI
Citigroup Global Markets Holdings Inc., a subsidiary of Citigroup Inc., has announced the offering of Enhanced Barrier Digital Securities linked to the performance of the Russell 2000 Index and the S&P 500 Index, with a maturity date of October 23, 2025. These unsecured debt securities do not pay interest and offer a payment at maturity that varies based on the performance of the worst performing index from its initial value to its final value. The securities provide a digital return at maturity if the final value of the worst performing index is above a specified barrier value. The offering is subject to a pricing supplement, and the securities are guaranteed by Citigroup Inc. The pricing date is set for September 19, 2024, with an issue...Show More