Summary by Moomoo AI
Citigroup Global Markets Holdings Inc. is issuing market-linked securities due February 4, 2027, linked to the S&P 500 Index. The securities offer potential returns based on index appreciation, capped at a maximum return to be determined on the pricing date (at least 12.50%). Investors receive full principal repayment at maturity if the index declines.The securities do not pay interest. Returns depend on the index's closing value on a single valuation date. Citigroup's creditworthiness and market factors will affect the securities' value. CGMI intends to make a secondary market but may discontinue it at any time. The estimated value on the pricing date will be less than the issue price.The securities involve significant risks and are suitable only for investors who understand the risks. Key considerations include potential loss of investment value in real terms, limited returns, lack of interest payments, and credit risk of Citigroup Global Markets Holdings Inc. and Citigroup Inc.
