Citigroup Global Markets Holdings Inc., a subsidiary of Citigroup Inc., has announced the issuance of Medium-Term Senior Notes, Series N, which are unsecured debt securities linked to the performance of the Nasdaq-100 Index and the Russell 2000 Index. The securities, which do not pay interest and offer variable repayment at maturity based on the performance of the worst performing index, are scheduled for pricing on April 25, 2024, with an issue date of April 30, 2024, and a maturity date of April 30, 2026. The securities provide modified exposure to the worst performing underlying index with a limited buffer against depreciation and an opportunity for limited appreciation. The securities are guaranteed by Citigroup Inc. and will not be listed on any securities exchange. The estimated value...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 debt securities linked to the performance of the Nasdaq-100 Index and the Russell 2000 Index. The securities, which do not pay interest and offer variable repayment at maturity based on the performance of the worst performing index, are scheduled for pricing on April 25, 2024, with an issue date of April 30, 2024, and a maturity date of April 30, 2026. The securities provide modified exposure to the worst performing underlying index with a limited buffer against depreciation and an opportunity for limited appreciation. The securities are guaranteed by Citigroup Inc. and will not be listed on any securities exchange. The estimated value of the securities is based on proprietary pricing models and internal funding rates, and the securities involve risks not associated with conventional debt securities. The offering is subject to completion, with a preliminary pricing supplement dated April 15, 2024, and is not an offer to sell in any state where the sale is not permitted.