Citigroup Global Markets Holdings Inc., a subsidiary of Citigroup Inc., has announced the issuance of Contingent Income Auto-Callable Securities, due October 2026, linked to the performance of the Nasdaq-100 Index, the Russell 2000 Index, and the S&P 500 Index. These unsecured debt securities offer potential for quarterly contingent coupon payments at an annualized rate of 8.90%, which is higher than conventional debt securities of the same maturity. However, the actual yield could be lower or even negative, depending on the performance of the worst performing index among the three. The securities are subject to market risks, including the possibility of losing the entire principal amount. The securities are not bank deposits, nor insured by any federal agency, and do not guarantee principal...Show More

Citigroup Global Markets Holdings Inc., a subsidiary of Citigroup Inc., has announced the issuance of Contingent Income Auto-Callable Securities, due October 2026, linked to the performance of the Nasdaq-100 Index, the Russell 2000 Index, and the S&P 500 Index. These unsecured debt securities offer potential for quarterly contingent coupon payments at an annualized rate of 8.90%, which is higher than conventional debt securities of the same maturity. However, the actual yield could be lower or even negative, depending on the performance of the worst performing index among the three. The securities are subject to market risks, including the possibility of losing the entire principal amount. The securities are not bank deposits, nor insured by any federal agency, and do not guarantee principal repayment. They are not listed on any securities exchange, and all payments are subject to the credit risk of Citigroup Global Markets Holdings Inc. and Citigroup Inc. The offering is expected to be priced on September 26, 2024, with an issue date of October 1, 2024, and a maturity date of October 1, 2026. The securities are available for a stated principal amount of $1,000 each, with Citigroup Global Markets Inc. acting as the underwriter.