Citigroup Global Markets Holdings Inc., with Citigroup Inc. as the guarantor, has announced the preliminary terms of its 4 Year Buffer Securities, which are linked to the performance of the Dow Jones Industrial Average (INDU), the Russell 2000 Index (RTY), and the S&P 500 Index (SPX). The securities are set to price on September 25, 2024, with a valuation date of September 25, 2028, and maturity on September 28, 2028. The return on these securities is tied to the worst-performing index among the three, with a 157% upside participation rate and a 10% buffer percentage. The securities are designed to pay out at maturity based on the final underlying value of the worst-performing index, with different scenarios affecting the payment outcome. If the worst performer's final value...Show More

Citigroup Global Markets Holdings Inc., with Citigroup Inc. as the guarantor, has announced the preliminary terms of its 4 Year Buffer Securities, which are linked to the performance of the Dow Jones Industrial Average (INDU), the Russell 2000 Index (RTY), and the S&P 500 Index (SPX). The securities are set to price on September 25, 2024, with a valuation date of September 25, 2028, and maturity on September 28, 2028. The return on these securities is tied to the worst-performing index among the three, with a 157% upside participation rate and a 10% buffer percentage. The securities are designed to pay out at maturity based on the final underlying value of the worst-performing index, with different scenarios affecting the payment outcome. If the worst performer's final value is below its initial value by more than the buffer percentage, investors will incur a loss of 1% of the principal for every 1% of additional depreciation. The securities do not pay interest and are subject to the credit risk of both Citigroup entities. They will not be listed on any securities exchange, and their estimated value at the pricing date is expected to be less than the issue price. The offering is accompanied by a preliminary pricing supplement dated August 30, 2024, and investors are advised to read the related documents filed with the SEC for a comprehensive understanding of the risks and terms before investing.