Citigroup Global Markets Holdings Inc., a wholly owned subsidiary of Citigroup Inc., has announced the issuance of Medium-Term Senior Notes, Series N, which are unsecured debt securities linked to the S&P 500 Index and due on December 30, 2025. These Buffer Securities do not pay interest and offer a variable payment at maturity based on the performance of the S&P 500 from the initial value to the final value. The securities provide modified exposure to the index with a limited opportunity for appreciation and a buffer against depreciation, but investors will forgo dividends and bear the risk of loss beyond the buffer. The securities are priced at $1,000 each, with a total issue size of $1,601,000. The pricing date is set for June...Show More

Citigroup Global Markets Holdings Inc., a wholly owned subsidiary of Citigroup Inc., has announced the issuance of Medium-Term Senior Notes, Series N, which are unsecured debt securities linked to the S&P 500 Index and due on December 30, 2025. These Buffer Securities do not pay interest and offer a variable payment at maturity based on the performance of the S&P 500 from the initial value to the final value. The securities provide modified exposure to the index with a limited opportunity for appreciation and a buffer against depreciation, but investors will forgo dividends and bear the risk of loss beyond the buffer. The securities are priced at $1,000 each, with a total issue size of $1,601,000. The pricing date is set for June 24, 2024, with an issue date of June 27, 2024. The valuation date is December 24, 2025, with maturity on December 30, 2025. The securities are guaranteed by Citigroup Inc. and will not be listed on any securities exchange. The estimated value of the securities at the time of pricing is $995.70 per security, which is less than the issue price. The securities involve risks not associated with conventional debt securities and are subject to the credit risk of Citigroup Global Markets Holdings Inc. and Citigroup Inc.