Citigroup Global Markets Holdings Inc., a subsidiary of Citigroup Inc., has announced the issuance of Medium-Term Senior Notes, Series N, which are unsecured senior debt securities guaranteed by Citigroup Inc. These notes, due on June 1, 2029, do not pay interest but offer a potential positive return at maturity based on the performance of the Citi Dynamic Asset Selector 5 Excess Return Index. The notes provide modified exposure to the Index with a digital return at maturity if the final index level is greater than or equal to the initial index level. If the final index level is less, investors will be repaid the principal amount but will not receive any return. The notes are subject to credit risk and are not...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 senior debt securities guaranteed by Citigroup Inc. These notes, due on June 1, 2029, do not pay interest but offer a potential positive return at maturity based on the performance of the Citi Dynamic Asset Selector 5 Excess Return Index. The notes provide modified exposure to the Index with a digital return at maturity if the final index level is greater than or equal to the initial index level. If the final index level is less, investors will be repaid the principal amount but will not receive any return. The notes are subject to credit risk and are not bank deposits, nor are they insured or guaranteed by any governmental agency. The pricing date is set for May 29, 2024, with an issue date of June 3, 2024. The notes will not be listed on any securities exchange, and the underwriter is Citigroup Global Markets Inc. The estimated value of the notes is based on CGMI's proprietary pricing models and internal funding rate. The notes are considered 'contingent payment debt instruments' for U.S. federal income tax purposes, and investors must comply with certain tax requirements. The offering is not available to retail investors in the European Economic Area or the United Kingdom.