Citigroup Global Markets Holdings Inc., a subsidiary of Citigroup Inc., has announced the issuance of Medium-Term Senior Notes, Series N, which are autocallable contingent coupon equity-linked securities. These securities are linked to the performance of the worst-performing among four major tech companies: Alphabet Inc., Amazon.com, Inc., Apple Inc., and Microsoft Corporation. The securities offer potential for periodic contingent coupon payments at an annualized rate that is higher than Citigroup's conventional debt securities of the same maturity. However, investors must accept the risks of not receiving some or all coupon payments, receiving less than the principal amount at maturity, or early redemption of the securities. The securities are unsecured and subject to Citigroup's 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 autocallable contingent coupon equity-linked securities. These securities are linked to the performance of the worst-performing among four major tech companies: Alphabet Inc., Amazon.com, Inc., Apple Inc., and Microsoft Corporation. The securities offer potential for periodic contingent coupon payments at an annualized rate that is higher than Citigroup's conventional debt securities of the same maturity. However, investors must accept the risks of not receiving some or all coupon payments, receiving less than the principal amount at maturity, or early redemption of the securities. The securities are unsecured and subject to Citigroup's credit risk. The offering is detailed in a preliminary pricing supplement filed with the SEC, with the strike date set for June 25, 2024, and the securities due on July 6, 2027. The securities are not FDIC insured, not bank guaranteed, and not a bank deposit. 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.