Summary by Futu AI
Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., has issued a term sheet related to Market Linked Securities with a fixed coupon and contingent downside, linked to the performance of the EURO STOXX 50 Index, the Russell 2000 Index, and the Nikkei 225 Index. The securities, with a stated principal amount of $1,000 each, are set to mature on July 12, 2029. The payout at maturity is contingent on the performance of the lowest performing underlying index, with the potential for investors to receive less than their principal amount, and possibly nothing, if the index falls below its threshold value. The estimated value of the securities at issuance is expected to be at least $900.00 per security, which is less than the public offering price. The...Show More