Summary by Moomoo AI
Citigroup Global Markets Holdings Inc., a subsidiary of Citigroup Inc., has announced the issuance of a new financial product, the Performance Leveraged Upside Securities (PLUS), based on the EURO STOXX 50 Index, with a maturity date set for September 2025. These unsecured debt securities do not pay interest and offer a payment at maturity that varies based on the performance of the EURO STOXX 50 Index. The securities provide leveraged exposure to the index's potential appreciation, with a maximum return at maturity capped at 24.65% of the stated principal amount. Investors are warned that they may lose a significant portion or all of their investment if the index depreciates. The securities are principal at risk, meaning that the payment at maturity could be...Show More