Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., has announced the offering of 3 Year Autocallable Buffer Securities linked to the performance of the Dow Jones Industrial Average (INDU), the Russell 2000 Index (RTY), and the S&P 500 Index (SPX). The securities have a pricing date set for November 13, 2024, with valuation dates on December 15, 2025, and November 15, 2027, leading up to a maturity date of November 18, 2027. The return amount is linked to the worst-performing index among the three and includes an upside participation rate of 125.00%. The securities feature a buffer percentage of 20.00% and a premium of 9.50% per annum if automatically redeemed on the interim valuation date. The securities are designed to pay out different amounts at maturity depending on the performance of...Show More

Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., has announced the offering of 3 Year Autocallable Buffer Securities linked to the performance of the Dow Jones Industrial Average (INDU), the Russell 2000 Index (RTY), and the S&P 500 Index (SPX). The securities have a pricing date set for November 13, 2024, with valuation dates on December 15, 2025, and November 15, 2027, leading up to a maturity date of November 18, 2027. The return amount is linked to the worst-performing index among the three and includes an upside participation rate of 125.00%. The securities feature a buffer percentage of 20.00% and a premium of 9.50% per annum if automatically redeemed on the interim valuation date. The securities are designed to pay out different amounts at maturity depending on the performance of the worst-performing index, with the potential for investors to lose a significant portion of their investment if the index falls below its final buffer value. The offering includes several risk considerations, such as the lack of interest payments, heightened risk due to multiple underlyings, and credit risk associated with Citigroup entities. The securities will not be listed on any securities exchange, and their estimated value at the time of pricing will be less than the issue price.