Summary by Moomoo AI
Citigroup Global Markets Holdings Inc., a subsidiary of Citigroup Inc., has announced the issuance of Callable Contingent Coupon Equity Linked Securities, which are linked to the performance of the Dow Jones Industrial Average, the EURO STOXX 50 Index, and the Russell 2000 Index. These unsecured debt securities are designed to offer potential for periodic contingent coupon payments that could yield higher than conventional debt securities of the same maturity. However, they carry risks including the possibility of receiving no contingent coupon payments and receiving less than the principal amount at maturity, depending on the performance of the worst performing underlying index. The securities, which are not bank deposits, are not insured or guaranteed by any governmental agency. The offering includes a guarantee...Show More