Citigroup Global Markets Holdings Inc., a subsidiary of Citigroup Inc., has announced the issuance of Medium-Term Senior Notes, Series N, which are Callable Contingent Coupon Equity Linked Securities. These securities are linked to the performance of the Nasdaq-100 Index, the Russell 2000 Index, and the SPDR S&P Regional Banking ETF, and are due on November 19, 2026. The offering, detailed in a preliminary pricing supplement filed with the SEC, is subject to completion and is not yet an offer to sell. The securities are unsecured debt obligations of Citigroup Global Markets Holdings Inc. and are guaranteed by Citigroup Inc. They offer potential for periodic contingent coupon payments that could yield higher than conventional debt securities of the same maturity, but also...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 Callable Contingent Coupon Equity Linked Securities. These securities are linked to the performance of the Nasdaq-100 Index, the Russell 2000 Index, and the SPDR S&P Regional Banking ETF, and are due on November 19, 2026. The offering, detailed in a preliminary pricing supplement filed with the SEC, is subject to completion and is not yet an offer to sell. The securities are unsecured debt obligations of Citigroup Global Markets Holdings Inc. and are guaranteed by Citigroup Inc. They offer potential for periodic contingent coupon payments that could yield higher than conventional debt securities of the same maturity, but also come with significant risks, including the possibility of receiving no contingent coupon payments and receiving less than the principal amount at maturity, depending on the performance of the worst-performing underlying index. The securities are callable by Citigroup, may have limited or no liquidity, and all payments are subject to the credit risk of the issuer and guarantor. The pricing date is set for November 15, 2024, with an issue date of November 20, 2024. The securities will not be listed on any securities exchange, and the underwriter is Citigroup Global Markets Inc. The estimated value of the securities is based on proprietary pricing models and internal funding rates, and the securities are not insured or guaranteed by any governmental agency.