Summary by Moomoo AI
Citigroup Global Markets Holdings Inc., a subsidiary of Citigroup Inc., has announced the offering of Enhanced Barrier Digital Securities linked to Lululemon Athletica Inc., with a maturity date of September 24, 2025. These unsecured debt securities do not pay interest and offer a payment at maturity that varies based on the performance of Lululemon Athletica Inc.'s stock. The securities provide a digital return at maturity if the final stock value is above a specified barrier value, but investors could lose their entire investment if the stock value falls below the barrier. The offering is subject to a registration statement filed with the SEC and is not yet an offer to sell. The securities are guaranteed by Citigroup Inc. and will not...Show More