Citigroup Global Markets Holdings Inc., a subsidiary of Citigroup Inc., has issued a new series of market-linked securities, with the offering detailed in a pricing supplement filed on November 8, 2024. These unsecured debt securities, part of the Medium-Term Senior Notes, Series N, are linked to the performance of the Russell 2000 Index and the S&P 500 Index, and are set to mature on November 12, 2026. Unlike conventional debt, these securities do not pay interest and do not guarantee full principal repayment at maturity. Instead, the return is contingent on the performance of the worst-performing index between the Russell 2000 and the S&P 500 from their initial to final values. The securities offer a potential positive return if the worst-performing index...Show More

Citigroup Global Markets Holdings Inc., a subsidiary of Citigroup Inc., has issued a new series of market-linked securities, with the offering detailed in a pricing supplement filed on November 8, 2024. These unsecured debt securities, part of the Medium-Term Senior Notes, Series N, are linked to the performance of the Russell 2000 Index and the S&P 500 Index, and are set to mature on November 12, 2026. Unlike conventional debt, these securities do not pay interest and do not guarantee full principal repayment at maturity. Instead, the return is contingent on the performance of the worst-performing index between the Russell 2000 and the S&P 500 from their initial to final values. The securities offer a potential positive return if the worst-performing index appreciates, subject to a maximum return at maturity. Conversely, if the index depreciates, investors will incur a loss equal to that depreciation, capped at a maximum loss at maturity. The securities are guaranteed by Citigroup Inc. and were priced at $1,000 per security with a maximum return at maturity of $202.50 per security and a maximum loss at maturity of $50.00 per security. They will not be listed on any securities exchange, and all payments are subject to the credit risk of Citigroup Global Markets Holdings Inc. and Citigroup Inc. The underwriting fee for the securities is $25.50 per security, with total proceeds to the issuer, after the underwriting fee, of $1,226,895.50. The securities are considered suitable only for investors who can understand the complexities and risks involved.