Citigroup Global Markets Holdings Inc., with Citigroup Inc. as the guarantor, has announced the issuance of 3-Year Autocallable Securities linked to the performance of the Dow Jones Industrial Average (INDU), the Nasdaq-100 Index (NDX), and the S&P 500 Index (SPX). The securities have a pricing date set for September 13, 2024, with annual valuation dates starting approximately one year after issuance and a final valuation date on September 13, 2027. The maturity date is September 16, 2027. The securities feature an automatic early redemption option if the worst-performing index exceeds its initial value on any valuation date before the final valuation date, with a premium of 9.35% per annum. The final barrier value is set at 70% of each index's initial value. If not autocalled, the...Show More

Citigroup Global Markets Holdings Inc., with Citigroup Inc. as the guarantor, has announced the issuance of 3-Year Autocallable Securities linked to the performance of the Dow Jones Industrial Average (INDU), the Nasdaq-100 Index (NDX), and the S&P 500 Index (SPX). The securities have a pricing date set for September 13, 2024, with annual valuation dates starting approximately one year after issuance and a final valuation date on September 13, 2027. The maturity date is September 16, 2027. The securities feature an automatic early redemption option if the worst-performing index exceeds its initial value on any valuation date before the final valuation date, with a premium of 9.35% per annum. The final barrier value is set at 70% of each index's initial value. If not autocalled, the payout at maturity varies depending on the final underlying value of the worst-performing index. Investors face significant risks, including the potential loss of principal if the worst performer's final value is below its final barrier value. The securities do not pay interest and offer limited potential return, with no upside exposure to the underlyings. They are also subject to the credit risk of both Citigroup entities and will not be listed on any securities exchange. The offering includes a preliminary pricing supplement dated September 3, 2024, and hypothetical payment scenarios are provided. Investors are advised to read the accompanying documents filed with the SEC for a comprehensive understanding of the risks and terms before investing.