Citigroup Global Markets Holdings Inc., a subsidiary of Citigroup Inc., has announced the issuance of Medium-Term Senior Notes, Series N, which are unsecured debt securities linked to the S&P 500 Index and due on December 18, 2025. These securities, detailed in a preliminary pricing supplement dated November 6, 2024, do not pay interest and offer a variable payment at maturity based on the performance of the S&P 500 Index. The securities provide modified exposure to the index with a limited appreciation potential and a buffer against depreciation, but investors will forgo dividends and face potential losses if the index depreciates beyond a certain threshold. The securities are guaranteed by Citigroup Inc. and will not be listed on any securities exchange. The pricing date...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 unsecured debt securities linked to the S&P 500 Index and due on December 18, 2025. These securities, detailed in a preliminary pricing supplement dated November 6, 2024, do not pay interest and offer a variable payment at maturity based on the performance of the S&P 500 Index. The securities provide modified exposure to the index with a limited appreciation potential and a buffer against depreciation, but investors will forgo dividends and face potential losses if the index depreciates beyond a certain threshold. The securities are guaranteed by Citigroup Inc. and will not be listed on any securities exchange. The pricing date is set for November 14, 2024, with an issue date of November 19, 2024. The valuation date is December 15, 2025, subject to postponement under certain conditions. The securities are subject to the credit risk of both Citigroup Global Markets Holdings Inc. and Citigroup Inc., and their value may fluctuate based on various market factors. Citigroup Global Markets Inc., an affiliate of the issuer, will act as the underwriter and may pay selected dealers a structuring fee for each security sold.