Citigroup Global Markets Holdings Inc., a subsidiary of Citigroup Inc., has announced the issuance of Medium-Term Senior Notes, Series N, which are unsecured debt securities guaranteed by Citigroup Inc. These securities, known as Callable Contingent Coupon Equity Linked Securities, are linked to the performance of the Energy Select Sector SPDR Fund, the Nasdaq-100 Index, and the Russell 2000 Index, and are due on April 29, 2027. The securities offer potential for periodic contingent coupon payments, which if paid, provide a yield higher than Citigroup's conventional debt securities of the same maturity. However, the yield may be lower if contingent coupon payments are not made due to the performance of the worst-performing underlying index. The securities are subject to credit risk...Show More

Citigroup Global Markets Holdings Inc., a subsidiary of Citigroup Inc., has announced the issuance of Medium-Term Senior Notes, Series N, which are unsecured debt securities guaranteed by Citigroup Inc. These securities, known as Callable Contingent Coupon Equity Linked Securities, are linked to the performance of the Energy Select Sector SPDR Fund, the Nasdaq-100 Index, and the Russell 2000 Index, and are due on April 29, 2027. The securities offer potential for periodic contingent coupon payments, which if paid, provide a yield higher than Citigroup's conventional debt securities of the same maturity. However, the yield may be lower if contingent coupon payments are not made due to the performance of the worst-performing underlying index. The securities are subject to credit risk and are not insured or guaranteed by any governmental agency. The offering, detailed in a preliminary pricing supplement dated April 15, 2024, is not yet finalized and is subject to completion. The pricing date is set for April 24, 2024, with an issue date of April 29, 2024. The securities will not be listed on any securities exchange, and Citigroup Global Markets Inc., an affiliate of the issuer, will act as the underwriter.