Citigroup Inc. has announced the issuance of a new financial product, the 5 Year Barrier Digital Plus Securities, linked to the performance of three major indices: the Dow Jones Industrial Average (INDU), Nasdaq-100 Index (NDX), and S&P 500 Index (SPX). The securities are set to mature on December 6, 2029, with the pricing date scheduled for December 2, 2024, and the valuation date on December 3, 2029. The product offers a digital return amount if the final underlying value of the worst-performing index is equal to or greater than its initial value. The securities have a stated principal amount of $1,000 each, but the actual return will depend on the performance of the worst-performing index at maturity. Investors are warned of significant risks, including the potential...Show More

Citigroup Inc. has announced the issuance of a new financial product, the 5 Year Barrier Digital Plus Securities, linked to the performance of three major indices: the Dow Jones Industrial Average (INDU), Nasdaq-100 Index (NDX), and S&P 500 Index (SPX). The securities are set to mature on December 6, 2029, with the pricing date scheduled for December 2, 2024, and the valuation date on December 3, 2029. The product offers a digital return amount if the final underlying value of the worst-performing index is equal to or greater than its initial value. The securities have a stated principal amount of $1,000 each, but the actual return will depend on the performance of the worst-performing index at maturity. Investors are warned of significant risks, including the potential loss of the entire investment if the worst-performing index falls below its final barrier value. The securities do not pay interest and will not be listed on any securities exchange, which may limit their liquidity. Citigroup Global Markets Holdings Inc. guarantees the securities, with Citigroup Inc. as the guarantor. The offering comes with several risk considerations, and potential investors are advised to review the accompanying preliminary pricing supplement and other documents filed with the SEC for a more comprehensive understanding of the risks and terms of the securities.