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 S&P 500 Index and due on May 18, 2026. These autocallable buffer securities do not pay interest and do not guarantee principal repayment at maturity. Instead, they offer potential automatic early redemption at a premium if the S&P 500 Index meets certain conditions before the final valuation date. The securities are priced at $1,000 each, with the pricing date set for May 13, 2024, and the issue date on May 16, 2024. The valuation dates are May 20, 2025, and May 13, 2026, with the possibility of automatic early redemption if the index's closing value is greater than or equal to...Show More