Citigroup Global Markets Holdings Inc., with Citigroup Inc. as the guarantor, has announced the issuance of 1 Year Barrier Securities linked to the S&P 500 Index, set to mature on October 6, 2025. The securities, which do not pay interest, offer a potential return limited to a maximum of at least 10% at maturity, with the upside participation rate at 100%. The return is contingent on the performance of the S&P 500, with the initial value based on the index's closing value on the pricing date of September 30, 2024. If the final underlying value is greater than the initial value, investors will receive their principal plus the return amount, up to the maximum return. If the final value is less than or equal to the...Show More

Citigroup Global Markets Holdings Inc., with Citigroup Inc. as the guarantor, has announced the issuance of 1 Year Barrier Securities linked to the S&P 500 Index, set to mature on October 6, 2025. The securities, which do not pay interest, offer a potential return limited to a maximum of at least 10% at maturity, with the upside participation rate at 100%. The return is contingent on the performance of the S&P 500, with the initial value based on the index's closing value on the pricing date of September 30, 2024. If the final underlying value is greater than the initial value, investors will receive their principal plus the return amount, up to the maximum return. If the final value is less than or equal to the initial but above the final barrier value, set at 80% of the initial value, investors will receive their principal back. However, if the final value falls below the barrier, investors will incur a loss proportional to the decline, potentially losing the entire investment. The securities are subject to the credit risk of both Citigroup entities and will not be listed on any exchange, which may impact their liquidity. The offering's estimated value on the pricing date is expected to be lower than the issue price, and the investment does not guarantee any dividends or rights related to the underlying index. The offering is accompanied by a preliminary pricing supplement and other relevant documents filed with the SEC.