Citigroup Global Markets Holdings Inc., a subsidiary of Citigroup Inc., has announced the issuance of Callable Contingent Coupon Equity Linked Securities, which are linked to the performance of the Dow Jones Industrial Average, the EURO STOXX 50 Index, and the Russell 2000 Index. These unsecured debt securities are designed to offer potential for periodic contingent coupon payments that could yield higher than conventional debt securities of the same maturity. However, they carry risks including the possibility of receiving no contingent coupon payments and receiving less than the principal amount at maturity, depending on the performance of the worst performing underlying index. The securities, which are not bank deposits, are not insured or guaranteed by any governmental agency. The offering includes a guarantee...Show More

Citigroup Global Markets Holdings Inc., a subsidiary of Citigroup Inc., has announced the issuance of Callable Contingent Coupon Equity Linked Securities, which are linked to the performance of the Dow Jones Industrial Average, the EURO STOXX 50 Index, and the Russell 2000 Index. These unsecured debt securities are designed to offer potential for periodic contingent coupon payments that could yield higher than conventional debt securities of the same maturity. However, they carry risks including the possibility of receiving no contingent coupon payments and receiving less than the principal amount at maturity, depending on the performance of the worst performing underlying index. The securities, which are not bank deposits, are not insured or guaranteed by any governmental agency. The offering includes a guarantee by Citigroup Inc. and has a stated principal amount of $1,000 per security. The strike date is set for July 25, 2024, with an issue date of July 31, 2024, and a maturity date of July 29, 2027, unless earlier redeemed. The securities will not be listed on any securities exchange, and Citigroup Global Markets Inc., an affiliate of the issuer, will act as the underwriter. The preliminary pricing supplement, along with the accompanying product supplement, underlying supplement, prospectus supplement, and prospectus, are not an offer to sell these securities in any state where the offer or sale is not permitted.