Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., has announced the offering of 2 Year Autocallable Contingent Coupon Securities linked to the performance of the S&P 500 Dynamic Participation Index (SPXDPU1) and the Utilities Select Sector SPDR Fund (XLU). The securities have a pricing date set for May 17, 2024, with quarterly valuation dates leading up to a maturity date of May 21, 2026. The contingent coupon rate is a minimum of 6.35% per annum, paid quarterly, but only if the closing value of the worst-performing underlying is above its coupon barrier value on the respective valuation date. The coupon barrier and final buffer values are set at 75% and 80% of each underlying's initial value, respectively. The securities feature an automatic early redemption clause, which...Show More

Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., has announced the offering of 2 Year Autocallable Contingent Coupon Securities linked to the performance of the S&P 500 Dynamic Participation Index (SPXDPU1) and the Utilities Select Sector SPDR Fund (XLU). The securities have a pricing date set for May 17, 2024, with quarterly valuation dates leading up to a maturity date of May 21, 2026. The contingent coupon rate is a minimum of 6.35% per annum, paid quarterly, but only if the closing value of the worst-performing underlying is above its coupon barrier value on the respective valuation date. The coupon barrier and final buffer values are set at 75% and 80% of each underlying's initial value, respectively. The securities feature an automatic early redemption clause, which triggers if the worst performer's closing value is at or above its initial value on any autocall date, starting six months after the issue date. The securities are subject to the credit risk of both Citigroup Global Markets Holdings Inc. and Citigroup Inc. Investors are warned of significant risks, including the potential loss of a substantial portion of their investment if the final underlying value of the worst performer is below its final buffer value at maturity. The securities are not listed on any exchange, and their estimated value on the pricing date will be less than the issue price.