Citigroup Global Markets Holdings Inc., a subsidiary of Citigroup Inc., has announced the issuance of unsecured debt securities known as Dual Directional Trigger PLUS based on the S&P 500 Index, with an expected pricing date of April 30, 2024, and a maturity date of June 4, 2025. These securities do not pay interest and offer a payment at maturity that varies based on the performance of the S&P 500 Index. The securities provide leveraged exposure to the index's potential appreciation, subject to a maximum upside return, and offer a positive return if the index depreciates within a limited range. However, if the index depreciates by more than 10%, investors will lose a corresponding percentage of their principal. The securities are principal at risk, meaning...Show More

Citigroup Global Markets Holdings Inc., a subsidiary of Citigroup Inc., has announced the issuance of unsecured debt securities known as Dual Directional Trigger PLUS based on the S&P 500 Index, with an expected pricing date of April 30, 2024, and a maturity date of June 4, 2025. These securities do not pay interest and offer a payment at maturity that varies based on the performance of the S&P 500 Index. The securities provide leveraged exposure to the index's potential appreciation, subject to a maximum upside return, and offer a positive return if the index depreciates within a limited range. However, if the index depreciates by more than 10%, investors will lose a corresponding percentage of their principal. The securities are principal at risk, meaning investors may lose their entire investment if the index performs poorly. The offering is guaranteed by Citigroup Inc. and is not insured or guaranteed by any governmental agency. The securities will not be listed on any securities exchange, and all payments are subject to the credit risk of the issuer and guarantor. The estimated value of the securities is based on proprietary pricing models and includes costs such as underwriting fees and hedging costs.