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 S&P 500 Index and due on December 1, 2027. These autocallable securities, detailed in a preliminary pricing supplement dated November 7, 2024, do not pay interest and their repayment of principal at maturity is not guaranteed. The securities offer potential for automatic early redemption at a premium if the underlying index's closing value is greater than or equal to its initial value on specified valuation dates. The securities are guaranteed by Citigroup Inc. and will be issued at $1,000 per security with a pricing date of November 26, 2024, and an issue date of December 2, 2024. The valuation...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 S&P 500 Index and due on December 1, 2027. These autocallable securities, detailed in a preliminary pricing supplement dated November 7, 2024, do not pay interest and their repayment of principal at maturity is not guaranteed. The securities offer potential for automatic early redemption at a premium if the underlying index's closing value is greater than or equal to its initial value on specified valuation dates. The securities are guaranteed by Citigroup Inc. and will be issued at $1,000 per security with a pricing date of November 26, 2024, and an issue date of December 2, 2024. The valuation dates are set for November 28, 2025, November 27, 2026, and November 26, 2027, with the possibility of postponement under certain conditions. The securities will not be listed on any securities exchange, and their estimated value is based on proprietary pricing models and Citigroup's internal funding rate. Citigroup Global Markets Inc., an affiliate of the issuer, will act as the underwriter and will receive an underwriting fee for each security sold. The offering involves risks, including the potential loss of principal, and is suitable only for investors who understand and are willing to accept these risks.