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, which are unsecured debt securities linked to the S&P 500 Futures Excess Return Index and due on July 7, 2027. These autocallable buffer securities do not pay interest and do not guarantee principal repayment at maturity. Instead, they offer potential for automatic early redemption at a premium if the underlying index meets certain conditions before the final valuation date. The securities are subject to credit risk and are not bank deposits, nor are they insured or guaranteed by any governmental agency. The pricing date is set for July 1, 2024, with an issue date of July 5, 2024. The securities will not be listed on...Show More