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. These securities are linked to the performance of the Energy Select Sector SPDR Fund, the Russell 2000 Index, and the S&P 500 Index, and are due on July 20, 2026. The offering, detailed in a preliminary pricing supplement filed with the SEC, is subject to completion and is not yet an offer to sell. The securities are unsecured debt obligations of Citigroup Global Markets Holdings Inc. and are guaranteed by Citigroup Inc. They offer potential for periodic contingent coupon payments that could yield higher than Citigroup's conventional debt securities of the same maturity...Show More