Summary by Moomoo AI
Citigroup Global Markets Holdings Inc., a wholly owned subsidiary of Citigroup Inc., has announced the issuance of Medium-Term Senior Notes, Series N, linked to the stock of Amazon.com, Inc., with a maturity date of May 20, 2027. The notes offer potential for periodic contingent coupon payments, which are higher than conventional debt securities of the same maturity, but come with significant risks including the possibility of receiving no contingent coupon payments and losing the entire principal amount. The notes are unsecured debt securities, not bank deposits, and are not insured or guaranteed by any governmental agency. The pricing date is set for May 16, 2024, with an issue date of May 21, 2024. The notes are subject to the credit risk of both Citigroup...Show More