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 autocallable securities are linked to the performance of the Russell 2000 Index and the S&P 500 Index, with a maturity date set for July 24, 2028. The securities do not pay interest and do not guarantee principal repayment at maturity unless certain conditions are met. They offer potential for automatic early redemption at a premium if the worst performing underlying exceeds its initial value on any valuation date before maturity. The securities are subject to credit risk and investors must be willing to accept the risk of limited liquidity and the possibility...Show More