Summary by Moomoo AI
Citigroup Global Markets Holdings Inc., a subsidiary of Citigroup Inc., has announced the offering of Digital S&P 500 Index-Linked Notes, which do not pay interest and do not guarantee a fixed principal repayment at maturity. The return on these notes, due on a date expected to be the second business day after the scheduled determination date, is contingent on the performance of the S&P 500 Index from the trade date to the determination date, which is anticipated to be between 47 and 50 months after the trade date. If the final level of the S&P 500 Index on the determination date is at least 80% of the initial level, investors will receive a threshold settlement amount representing a contingent fixed return of...Show More