Citigroup Global Markets Holdings Inc., with Citigroup Inc. as the guarantor, has announced the issuance of 1 Year Barrier Securities linked to the Nasdaq-100 Index (NDX), with a pricing date set for September 30, 2024. The valuation date is September 30, 2025, and the maturity date is October 6, 2025. These securities offer a potential maximum return of at least 12.00%, with a 100% upside participation rate. The final barrier value is set at 75% of the initial underlying value, and the payment at maturity will vary depending on the final underlying value of the NDX. If the final value is greater than the initial value, investors will receive $1,000 plus the return amount, up to the maximum return. If the final value is less than or equal to the initial...Show More

Citigroup Global Markets Holdings Inc., with Citigroup Inc. as the guarantor, has announced the issuance of 1 Year Barrier Securities linked to the Nasdaq-100 Index (NDX), with a pricing date set for September 30, 2024. The valuation date is September 30, 2025, and the maturity date is October 6, 2025. These securities offer a potential maximum return of at least 12.00%, with a 100% upside participation rate. The final barrier value is set at 75% of the initial underlying value, and the payment at maturity will vary depending on the final underlying value of the NDX. If the final value is greater than the initial value, investors will receive $1,000 plus the return amount, up to the maximum return. If the final value is less than or equal to the initial value but above the final barrier value, investors will receive $1,000. However, if the final value is below the final barrier value, investors could receive significantly less than the principal amount, or possibly nothing, subject to the credit risk of the issuer and guarantor. The securities do not pay interest and will not be listed on any securities exchange, which may limit their liquidity. The estimated value of the securities at the pricing date will be less than the issue price. Citigroup has filed the necessary registration statements with the SEC, and investors are encouraged to read the accompanying documents for a more comprehensive understanding of the offering and associated risks.