Citigroup Global Markets Holdings Inc., a subsidiary of Citigroup Inc., has announced the issuance of Medium-Term Senior Notes, Series N, which are unsecured senior debt securities. These securities, due September 2033, are linked to the performance of the S&P 500 Futures Excess Return Index and do not pay interest or repay a fixed amount of principal at maturity. Instead, the payment at maturity will vary based on the index's performance, with the potential for investors to receive more, less, or equal to the principal amount invested. The securities offer a 261% upside participation rate but also expose investors to full downside risk, meaning they could lose a significant portion or all of their investment if the index depreciates. The securities...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 senior debt securities. These securities, due September 2033, are linked to the performance of the S&P 500 Futures Excess Return Index and do not pay interest or repay a fixed amount of principal at maturity. Instead, the payment at maturity will vary based on the index's performance, with the potential for investors to receive more, less, or equal to the principal amount invested. The securities offer a 261% upside participation rate but also expose investors to full downside risk, meaning they could lose a significant portion or all of their investment if the index depreciates. The securities are guaranteed by Citigroup Inc. and are expected to be priced on September 19, 2024, with an issue date of September 24, 2024. The final valuation date is anticipated to be September 26, 2033, with maturity on September 29, 2033. The securities will not be listed on any securities exchange, and all payments are subject to the credit risk of the issuer and guarantor. Citigroup Global Markets Inc., an affiliate of the issuer, will act as the underwriter and receive an underwriting fee for each security sold.