Citigroup Global Markets Holdings Inc., a subsidiary of Citigroup Inc., has announced the issuance of Buffered Digital EURO STOXX 50 Index-Linked Notes, which do not pay interest and have a variable principal repayment based on the performance of the EURO STOXX 50 Index. The notes are unsecured senior debt securities, fully and unconditionally guaranteed by Citigroup Inc., and are subject to the credit risk of both Citigroup Global Markets Holdings Inc. and Citigroup Inc. The notes' performance is linked to the final level of the EURO STOXX 50 Index, with a threshold level set at 85% of the initial index level. If the index's final level is above this threshold, investors will receive a contingent fixed return of 14.23% to 16.73%. However, if the...Show More

Citigroup Global Markets Holdings Inc., a subsidiary of Citigroup Inc., has announced the issuance of Buffered Digital EURO STOXX 50 Index-Linked Notes, which do not pay interest and have a variable principal repayment based on the performance of the EURO STOXX 50 Index. The notes are unsecured senior debt securities, fully and unconditionally guaranteed by Citigroup Inc., and are subject to the credit risk of both Citigroup Global Markets Holdings Inc. and Citigroup Inc. The notes' performance is linked to the final level of the EURO STOXX 50 Index, with a threshold level set at 85% of the initial index level. If the index's final level is above this threshold, investors will receive a contingent fixed return of 14.23% to 16.73%. However, if the index falls more than 15% below the initial level, investors will lose a proportionate amount of their principal. The notes are not bank deposits, are not insured by the FDIC or any other governmental agency, and will not be listed on any securities exchange, which may result in limited liquidity. The offering is detailed in a preliminary pricing supplement dated July 5, 2024, and the notes are expected to mature between 22 and 25 months after the trade date. Citigroup Inc. will release quarterly earnings on July 12, 2024, which may affect the notes' value.