Summary by Futu 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 S&P 500 Futures Excess Return Index, with a maturity date of April 21, 2026. These unsecured debt securities do not pay interest and offer a payment at maturity that varies based on the performance of the underlying index from the initial value to the final value. The securities are designed to provide modified exposure to the underlying index, with potential for investors to participate in the appreciation of the underlying at a rate of at least 110%, determined on the pricing date. However, if the final underlying value is less than the final barrier value, investors could lose a...Show More