Citigroup Global Markets Holdings Inc., a subsidiary of Citigroup Inc., has issued $15,875,000 in Buffered Digital S&P 500 Index-Linked Notes due May 12, 2026. These notes, which do not pay interest and do not guarantee a fixed principal repayment at maturity, are linked to the performance of the S&P 500 Index from May 8, 2024, to May 8, 2026. Investors will receive a threshold settlement amount if the final index level on the determination date is at or above 85% of the initial index level, resulting in a 15% return. However, if the index falls more than 15% below the initial level, investors will incur a loss of approximately 1.1765% for every 1% decline beyond the threshold. The notes are unsecured senior debt securities guaranteed by Citigroup Inc. and are subject...Show More

Citigroup Global Markets Holdings Inc., a subsidiary of Citigroup Inc., has issued $15,875,000 in Buffered Digital S&P 500 Index-Linked Notes due May 12, 2026. These notes, which do not pay interest and do not guarantee a fixed principal repayment at maturity, are linked to the performance of the S&P 500 Index from May 8, 2024, to May 8, 2026. Investors will receive a threshold settlement amount if the final index level on the determination date is at or above 85% of the initial index level, resulting in a 15% return. However, if the index falls more than 15% below the initial level, investors will incur a loss of approximately 1.1765% for every 1% decline beyond the threshold. The notes are unsecured senior debt securities guaranteed by Citigroup Inc. and are subject to the credit risk of both the issuer and the guarantor. The notes will not be listed on any securities exchange, may have limited liquidity, and involve risks not associated with conventional debt securities. The issue price per note is $1,000, with an estimated value at issuance of $984.80 per note, reflecting the costs of selling, structuring, and hedging the notes. Citigroup Global Markets Inc., an affiliate of the issuer, is the underwriter and may profit from hedging activities related to the offering. The notes are not insured by any governmental agency and are not bank deposits.