Summary by Moomoo AI
Citigroup Global Markets Holdings Inc. is issuing Market Linked Notes due February 4, 2028, linked to the EURO STOXX 50® Index. The notes offer leveraged upside participation and principal return at maturity. The participation rate will be at least 101%, to be determined on the pricing date of January 30, 2025.The notes have a stated principal amount of $1,000 per note. At maturity, investors will receive $1,000 plus ($1,000 × underlying return × participation rate) if the ending value is greater than the starting value. If the ending value is less than or equal to the starting value, investors will receive the stated principal amount but no positive return.The estimated value of the notes on the pricing date is expected to be at least $905.50 per note, less than the public offering price. Key risks include no guaranteed positive return, no interest payments, and exposure to non-U.S. market risks. The notes are subject to the credit risk of Citigroup and will not be listed on any securities exchange.
