Summary by Moomoo AI
Citigroup Global Markets Holdings Inc. is offering Dual Directional Buffer Securities linked to the Russell 2000® Index, due December 31, 2026. The securities, with a stated principal amount of $1,000 per security, offer modified exposure to the index's performance, including limited upside potential and downside protection.The securities provide a maximum upside return of 23.11% and a 10% buffer against index depreciation. If the index depreciates by more than 10%, investors will lose 1% for every 1% decline beyond the buffer. The participation rate for positive returns is 150%, subject to the maximum return. No interest payments will be made during the term.Investors should note the credit risk of Citigroup and potential loss of principal. The securities will not be listed on any exchange, potentially limiting liquidity. The estimated value on the pricing date is $966.10 per security, less than the issue price, reflecting costs and expected profit for Citigroup and its affiliates.
