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 unsecured debt securities guaranteed by Citigroup Inc. These securities, known as Autocallable Contingent Coupon Equity Linked Securities, are linked to the performance of the Nasdaq-100 Index, the Russell 2000 Index, and the S&P 500 Index, and are due on October 29, 2026. The securities offer potential for periodic contingent coupon payments at an annualized rate that could yield higher than conventional debt securities of the same maturity. However, investors face risks including the possibility of receiving no contingent coupon payments, receiving less than the principal amount at maturity, or automatic redemption prior to maturity. The securities are not insured or...Show More