Summary by Moomoo AI
Citigroup Global Markets Holdings Inc., a subsidiary of Citigroup Inc., has announced the offering of unsecured debt securities, known as Medium-Term Senior Notes, Series N, linked to the MSCI Emerging Markets Index. These securities, which do not pay interest and offer variable repayment at maturity based on the index's performance, are scheduled for pricing on May 29, 2024, with an issue date of May 31, 2024, and a maturity date of August 5, 2025. The securities provide modified exposure to the index with a potential for appreciation capped at a minimum of 15.50% and a buffer against depreciation up to 15%. The securities are subject to the credit risk of both Citigroup Global Markets Holdings Inc. and Citigroup Inc., and investors must be willing to accept...Show More