Citigroup Global Markets Holdings Inc., a subsidiary of Citigroup Inc., has issued a new financial product called Barrier Digital Plus Notes, linked to the EURO STOXX 50 Index, with a maturity date of June 29, 2026. These unsecured senior debt securities do not pay interest and offer a variable payment at maturity based on the performance of the EURO STOXX 50 Index. The securities provide modified exposure to the index, with potential for a fixed return if the index's final level is at or above its initial level, and contingent repayment of the principal if the index's final level is above a specified barrier level. However, if the index depreciates by more than 10% from the initial level, investors will lose a corresponding...Show More

Citigroup Global Markets Holdings Inc., a subsidiary of Citigroup Inc., has issued a new financial product called Barrier Digital Plus Notes, linked to the EURO STOXX 50 Index, with a maturity date of June 29, 2026. These unsecured senior debt securities do not pay interest and offer a variable payment at maturity based on the performance of the EURO STOXX 50 Index. The securities provide modified exposure to the index, with potential for a fixed return if the index's final level is at or above its initial level, and contingent repayment of the principal if the index's final level is above a specified barrier level. However, if the index depreciates by more than 10% from the initial level, investors will lose a corresponding percentage of their principal. The securities are not protected against market volatility and do not guarantee a minimum payment at maturity, exposing investors to the risk of losing their entire investment. The securities, which are not listed on any securities exchange, were priced on June 24, 2024, and issued on June 27, 2024, with an aggregate principal amount of $4,630,000. Citigroup Inc. fully and unconditionally guarantees all payments due on the securities. The offering includes an underwriting fee and issue price, with the estimated value of the securities being less than the issue price at the time of the pricing supplement. Investors are warned of the risks involved, including credit risk and market volatility, and the potential impact of Citigroup's or its affiliates' hedging activities on the value of the securities.