Summary by Moomoo AI
Citigroup Global Markets Holdings Inc., a subsidiary of Citigroup Inc., has issued a new series of unsecured debt securities, known as Medium-Term Senior Notes, Series N. These securities, detailed in a pricing supplement filed on September 5, 2024, are linked to the performance of the S&P 500 Index and are due to mature on October 3, 2025. The securities do not pay interest and the repayment of the principal is contingent on the performance of the S&P 500 from the initial value set on the strike date of September 4, 2024, to the final value on the valuation date of October 1, 2025. The securities offer a digital return if the final underlying value is equal to or greater than the initial value, and a buffer against...Show More