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 guaranteed by Citigroup Inc. These securities, linked to the performance of JPMorgan Chase & Co., NVIDIA Corporation, and Walmart Inc., are set to mature on December 2, 2027. The securities offer potential for periodic contingent coupon payments at an annualized rate higher than Citigroup's conventional debt securities of the same maturity. However, investors must accept the risks of not receiving some or all coupon payments, receiving less than the principal amount at maturity, or early redemption. The securities are subject to the credit risk of both Citigroup Global Markets Holdings Inc. and Citigroup Inc. The offering...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 guaranteed by Citigroup Inc. These securities, linked to the performance of JPMorgan Chase & Co., NVIDIA Corporation, and Walmart Inc., are set to mature on December 2, 2027. The securities offer potential for periodic contingent coupon payments at an annualized rate higher than Citigroup's conventional debt securities of the same maturity. However, investors must accept the risks of not receiving some or all coupon payments, receiving less than the principal amount at maturity, or early redemption. The securities are subject to the credit risk of both Citigroup Global Markets Holdings Inc. and Citigroup Inc. The offering, detailed in a preliminary pricing supplement dated November 12, 2024, is not yet finalized and is subject to completion. The pricing date is scheduled for November 27, 2024, with an issue date of December 3, 2024. The securities will not be listed on any securities exchange, and Citigroup Global Markets Inc., an affiliate of the issuer, will act as the underwriter.