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 iShares MSCI EAFE ETF and the Russell 2000 Index, with a maturity date set for July 22, 2027. The securities offer potential for periodic contingent coupon payments that could yield higher than conventional debt securities of the same maturity. However, investors must accept the risks of potentially receiving lower actual yields, significant loss of principal, and the possibility of early redemption. The securities are unsecured and subject to the credit risk of both Citigroup Global Markets Holdings Inc. and Citigroup Inc. The offering is detailed...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 iShares MSCI EAFE ETF and the Russell 2000 Index, with a maturity date set for July 22, 2027. The securities offer potential for periodic contingent coupon payments that could yield higher than conventional debt securities of the same maturity. However, investors must accept the risks of potentially receiving lower actual yields, significant loss of principal, and the possibility of early redemption. The securities are unsecured and subject to the credit risk of both Citigroup Global Markets Holdings Inc. and Citigroup Inc. The offering is detailed in a preliminary pricing supplement filed with the SEC, and the securities are not yet available for sale in any state where such an offer or sale is not permitted. The pricing date is scheduled for July 19, 2024, with an issue date of July 24, 2024. The securities will not be listed on any securities exchange, and CGMI, an affiliate of the issuer, will act as the underwriter.