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 July 6, 2029. These Market-Linked Securities, detailed in the Pricing Supplement No. 2024-USNCH22204, do not pay interest but offer potential returns based on the performance of the underlying index from the initial value to the final value at maturity. The underlying index tracks futures contracts on the S&P 500 Index and includes an implicit financing cost expected to result in underperformance compared to the total return of the S&P 500 Index. The securities are unsecured and guaranteed by Citigroup Inc., with a stated principal amount of $1,000 per...Show More