Summary by Moomoo AI
Citigroup Global Markets Holdings Inc. is issuing Upturn Securities linked to Uber Technologies, Inc., due January 30, 2026. The securities offer modified exposure to Uber's performance, with a 300% upside participation rate capped at a 39.50% maximum return.The securities do not pay interest and expose investors to full downside risk. The payment at maturity depends on Uber's closing value on January 27, 2026. If Uber's value decreases, investors lose 1% for every 1% decline. The securities are priced at $1,000 per unit with an estimated value of $974.20.The offering involves significant risks, including potential loss of principal and credit risk of Citigroup. The securities will not be listed on any exchange, potentially limiting liquidity. Investors should carefully consider the risks and suitability of this complex investment before purchasing.
