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 Nasdaq-100 Index, the Russell 2000 Index, and the S&P 500 Index. These Callable Equity Linked Securities, due on September 12, 2025, offer higher periodic coupon payments compared to conventional debt securities of the same maturity, but carry the risk of loss at maturity depending on the performance of the worst-performing index. The securities may be called for redemption prior to maturity, and if not redeemed, investors may receive less than the principal amount, or nothing, excluding the final coupon payment. The offering is subject to a registration statement filed with...Show More