Summary by Moomoo AI
Citigroup Global Markets Holdings Inc., a subsidiary of Citigroup Inc., has issued a new series of Medium-Term Senior Notes, Series N, which are unsecured debt securities guaranteed by Citigroup Inc. These securities, linked to the worst performing of the Nasdaq-100 Index, the Russell 2000 Index, and the S&P 500 Index, are designed to offer potential for periodic contingent coupon payments at a rate 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 specified indices. The securities are callable by Citigroup, and investors must be willing to accept the risks of limited liquidity...Show More