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 linked to the performance of the Russell 2000 Index and the S&P 500 Index. The securities, due on July 22, 2027, offer potential for periodic contingent coupon payments that could yield higher than Citigroup's conventional debt securities of the same maturity. However, these payments are contingent on the performance of the worst performing index and may result in a yield lower than conventional securities, or even a significant loss of principal. The securities are callable, meaning Citigroup may redeem them before maturity on specified dates. The offer is subject to a registration statement filed with the...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 linked to the performance of the Russell 2000 Index and the S&P 500 Index. The securities, due on July 22, 2027, offer potential for periodic contingent coupon payments that could yield higher than Citigroup's conventional debt securities of the same maturity. However, these payments are contingent on the performance of the worst performing index and may result in a yield lower than conventional securities, or even a significant loss of principal. The securities are callable, meaning Citigroup may redeem them before maturity on specified dates. The offer is subject to a registration statement filed with the SEC and is not yet effective, with the pricing date set for July 19, 2024, and the issue date for July 24, 2024. The securities are guaranteed by Citigroup Inc. and will not be listed on any securities exchange, indicating limited liquidity for investors. The underwriter for the issuance is Citigroup Global Markets Inc., and the securities are subject to the credit risk of both the issuer and the guarantor, Citigroup Inc.