Citigroup Global Markets Holdings Inc., a subsidiary of Citigroup Inc., has announced the offering of Enhanced Barrier Digital Securities linked to Lululemon Athletica Inc., with a maturity date of September 24, 2025. These unsecured debt securities do not pay interest and offer a payment at maturity that varies based on the performance of Lululemon Athletica Inc.'s stock. The securities provide a digital return at maturity if the final stock value is above a specified barrier value, but investors could lose their entire investment if the stock value falls below the barrier. The offering is subject to a registration statement filed with the SEC and is not yet an offer to sell. The securities are guaranteed by Citigroup Inc. and will not...Show More

Citigroup Global Markets Holdings Inc., a subsidiary of Citigroup Inc., has announced the offering of Enhanced Barrier Digital Securities linked to Lululemon Athletica Inc., with a maturity date of September 24, 2025. These unsecured debt securities do not pay interest and offer a payment at maturity that varies based on the performance of Lululemon Athletica Inc.'s stock. The securities provide a digital return at maturity if the final stock value is above a specified barrier value, but investors could lose their entire investment if the stock value falls below the barrier. The offering is subject to a registration statement filed with the SEC and is not yet an offer to sell. The securities are guaranteed by Citigroup Inc. and will not pay dividends or offer voting rights related to Lululemon Athletica Inc. The issue date is set for September 10, 2024, with a strike date of August 30, 2024, and a pricing date of September 3, 2024. Citigroup Global Markets Inc., an affiliate of the issuer, will act as the underwriter. The securities will not be listed on any securities exchange, and their estimated value is based on proprietary pricing models and Citigroup's internal funding rate.