Summary by Futu AI
Citigroup Global Markets Holdings Inc., a subsidiary of Citigroup Inc., has announced the issuance of Buffered Digital S&P 500 Equal Weight Energy Index-Linked Notes, which are due for maturity between 13 and 15 months after the trade date set for July 5, 2024. These notes do not pay interest and the principal repayment amount is contingent on the performance of the S&P 500 Equal Weight Energy Index. If the index's final level on the determination date is equal to or above 85% of the initial level, investors will receive a threshold settlement amount representing a return of 8.54% to 10.02%. However, if the index falls more than 15% below the initial level, investors will incur a loss proportionate to the decline. The notes are unsecured senior...Show More