Summary by Moomoo AI
Citigroup Global Markets Holdings Inc. has announced the offering of Autocallable Contingent Coupon Equity Linked Securities due September 16, 2027. The securities are linked to the worst performing of the Russell 2000® Index, Utilities Select Sector SPDR® Fund, and VanEck Vectors® Semiconductor ETF.The securities offer potential periodic contingent coupon payments at an annualized rate of approximately 8.60%, subject to the performance of the worst-performing underlying. They may be automatically called for redemption prior to maturity if certain conditions are met. At maturity, investors may receive significantly less than the principal amount if the worst-performing underlying's value is below its final barrier value.This offering involves significant risks, including potential loss of principal. The securities are subject to the credit risk of Citigroup Global Markets Holdings Inc. and Citigroup Inc. Investors should carefully consider the risk factors and tax consequences before investing.
