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, linked to the performance of the Nasdaq-100 Futures Excess Return Index and the S&P 500 Futures Excess Return Index, with a maturity date of November 14, 2029. These unsecured debt securities do not guarantee a fixed principal repayment at maturity; instead, the payout depends on the performance of the worst-performing index from its initial to final value. The securities offer a periodic coupon during the first four years and feature a digital return at maturity if the final underlying value is greater than or equal to its initial value, among other conditions. The securities are subject to completion, with a...Show More
