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 autocallable securities linked to the performance of the Nasdaq-100 Index, the Russell 2000 Index, and the S&P 500 Index, with a maturity date of July 9, 2027. These unsecured debt securities do not pay interest, do not guarantee principal repayment at maturity, and are subject to potential automatic early redemption based on the performance of the worst-performing index. The securities offer the potential for automatic early redemption at a premium if the worst-performing underlying index's closing value on any valuation date, except the final one, is greater than or equal to its initial value. If not automatically...Show More