Citigroup Global Markets Holdings Inc., a subsidiary of Citigroup Inc., has issued a new series of medium-term senior notes, Series N, due on July 30, 2025, with an aggregate stated principal amount of $11,000,000. These autocallable Phoenix securities are based on the common stock of Microsoft Corporation and offer potential for contingent coupon payments at an annualized rate that could yield higher than conventional debt securities of the same maturity. The securities are unsecured and subject to the credit risk of both Citigroup Global Markets Holdings Inc. and Citigroup Inc. The securities will not be listed on any securities exchange, and investors must be willing to accept the risks of limited liquidity and potential loss of principal. The strike date was set...Show More

Citigroup Global Markets Holdings Inc., a subsidiary of Citigroup Inc., has issued a new series of medium-term senior notes, Series N, due on July 30, 2025, with an aggregate stated principal amount of $11,000,000. These autocallable Phoenix securities are based on the common stock of Microsoft Corporation and offer potential for contingent coupon payments at an annualized rate that could yield higher than conventional debt securities of the same maturity. The securities are unsecured and subject to the credit risk of both Citigroup Global Markets Holdings Inc. and Citigroup Inc. The securities will not be listed on any securities exchange, and investors must be willing to accept the risks of limited liquidity and potential loss of principal. The strike date was set for July 23, 2024, with the pricing date on July 24, 2024, and the issue date on July 29, 2024. The securities may be automatically redeemed prior to maturity, with the performance of the securities dependent on the closing price of Microsoft Corporation's stock. The securities are guaranteed by Citigroup Inc. and were underwritten by Citigroup Global Markets Inc., with J.P. Morgan Securities LLC and JPMorgan Chase Bank, N.A. acting as placement agents.