Summary by Futu AI
Citigroup Global Markets Holdings Inc., a subsidiary of Citigroup Inc., has announced the issuance of Medium-Term Senior Notes, Series N, which are Callable Contingent Coupon Equity Linked Securities tied to the performance of the Nasdaq-100 Index, the Russell 2000 Index, and the S&P 500 Index, with a maturity date of March 24, 2026. These unsecured debt securities offer potential for periodic contingent coupon payments that could yield higher than conventional debt securities of the same maturity, but with significant risks including the possibility of receiving no contingent coupon payments and receiving less than the principal amount at maturity. The securities are guaranteed by Citigroup Inc. and are subject to market risks and the credit risk of the issuer and guarantor. The pricing...Show More