Citigroup Global Markets Holdings Inc., a subsidiary of Citigroup Inc., has issued a new series of unsecured debt securities, known as Medium-Term Senior Notes, Series N, which are linked to the performance of three specific underlyings: the Energy Select Sector SPDR Fund, the Vanguard Information Technology ETF, and the Nasdaq-100 Index. These Callable Contingent Coupon Equity Linked Securities, due on November 12, 2027, offer potential for periodic contingent coupon payments that could yield higher than conventional debt securities of the same maturity. However, investors must accept the risk of potentially receiving lower actual yield due to missed coupon payments and the possibility of receiving significantly less than the principal amount at maturity, or even zero, depending on the performance of the...Show More

Citigroup Global Markets Holdings Inc., a subsidiary of Citigroup Inc., has issued a new series of unsecured debt securities, known as Medium-Term Senior Notes, Series N, which are linked to the performance of three specific underlyings: the Energy Select Sector SPDR Fund, the Vanguard Information Technology ETF, and the Nasdaq-100 Index. These Callable Contingent Coupon Equity Linked Securities, due on November 12, 2027, offer potential for periodic contingent coupon payments that could yield higher than conventional debt securities of the same maturity. However, investors must accept the risk of potentially receiving lower actual yield due to missed coupon payments and the possibility of receiving significantly less than the principal amount at maturity, or even zero, depending on the performance of the worst-performing underlying. The securities are callable by Citigroup, providing the right for mandatory redemption on specified dates. The initial offering took place on November 6, 2024, with an issue date of November 12, 2024. The securities 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 estimated value of the securities at the time of pricing was $981.00 per security, which is less than the issue price of $1,000.00 per security.