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, under the Pricing Supplement No. 2024-USNCH22175. These unsecured debt securities, due June 28, 2029, are linked to the Citi Dynamic Asset Selector 5 Excess Return Index and do not pay interest. Instead, they offer potential for automatic early redemption at a premium if the Index exceeds the initial level on any valuation date before the final valuation date. If not redeemed early, a positive return at maturity is possible based on Index performance. The securities are guaranteed by Citigroup Inc. and have an aggregate principal amount of $2,600,000, with a pricing date of June 24, 2024, and an issue date of June 27, 2024. The securities are designed...Show More