Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., has announced the offering of 1.5-year Market-Linked Securities tied to the S&P 500 Index, with a pricing date set for June 28, 2024. The valuation date for these securities is December 29, 2025, with maturity on January 2, 2026. The securities offer a 100% upside participation rate and a maximum return at maturity of 11.40%. The return amount is contingent on the performance of the S&P 500 from the initial value on the pricing date to the final value on the valuation date. Investors will receive either the stated principal amount of $1,000 per security plus a positive return, if applicable, or just the principal amount if the final underlying value is less than or equal to the initial...Show More

Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., has announced the offering of 1.5-year Market-Linked Securities tied to the S&P 500 Index, with a pricing date set for June 28, 2024. The valuation date for these securities is December 29, 2025, with maturity on January 2, 2026. The securities offer a 100% upside participation rate and a maximum return at maturity of 11.40%. The return amount is contingent on the performance of the S&P 500 from the initial value on the pricing date to the final value on the valuation date. Investors will receive either the stated principal amount of $1,000 per security plus a positive return, if applicable, or just the principal amount if the final underlying value is less than or equal to the initial value. The securities do not pay interest and do not provide dividend rights or other rights related to the underlying index. The offering is subject to the credit risk of both Citigroup Global Markets Holdings Inc. and Citigroup Inc. The securities will not be listed on any securities exchange, which may impact the ability to sell them before maturity. The estimated value of the securities on the pricing date is expected to be less than the issue price. Potential investors are advised to read the accompanying preliminary pricing supplement and other related documents filed with the SEC for a more comprehensive understanding of the risks and details of the securities offering.