Summary by Moomoo 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 linked to the performance of the Dow Jones Industrial Average, the Nasdaq-100 Index, and the S&P 500 Index. These autocallable securities, due on September 16, 2027, do not pay interest and do not guarantee principal repayment at maturity unless certain conditions are met. The securities offer potential for automatic early redemption at a premium if the worst performing underlying exceeds its initial value on specified valuation dates. If not redeemed early and the worst performing underlying's final value is less than its barrier value at maturity, investors will lose a proportionate amount of their principal...Show More