Citigroup Global Markets Holdings Inc., a subsidiary of Citigroup Inc., has announced the issuance of Medium-Term Senior Notes, Series N, which are Callable Contingent Coupon Equity Linked Securities. These securities are linked to the performance of the Nasdaq-100 Index, the Russell 2000 Index, and the S&P 500 Index, and are due on September 14, 2026. The offering, detailed in a preliminary pricing supplement filed with the SEC, is not yet finalized and is subject to completion. The securities are unsecured debt obligations of Citigroup Global Markets Holdings Inc. and are guaranteed by Citigroup Inc. They offer potential for periodic contingent coupon payments, which are higher than conventional debt securities of the same maturity, in exchange for accepting certain risks. These risks include...Show More

Citigroup Global Markets Holdings Inc., a subsidiary of Citigroup Inc., has announced the issuance of Medium-Term Senior Notes, Series N, which are Callable Contingent Coupon Equity Linked Securities. These securities are linked to the performance of the Nasdaq-100 Index, the Russell 2000 Index, and the S&P 500 Index, and are due on September 14, 2026. The offering, detailed in a preliminary pricing supplement filed with the SEC, is not yet finalized and is subject to completion. The securities are unsecured debt obligations of Citigroup Global Markets Holdings Inc. and are guaranteed by Citigroup Inc. They offer potential for periodic contingent coupon payments, which are higher than conventional debt securities of the same maturity, in exchange for accepting certain risks. These risks include the possibility of receiving no contingent coupon payments and receiving significantly less than the principal amount at maturity, depending on the performance of the worst-performing index among the underlyings. The securities are callable by Citigroup, may have limited or no liquidity, and all payments are subject to the credit risk of the issuer and guarantor. The issue date is set for September 12, 2024, with an initial offering price of $1,000 per security. 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.