Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., has announced the offering of 3 Year Autocallable Barrier Securities linked to the S&P 500 Futures Excess Return Index (SPXFP). The securities have a pricing date set for April 25, 2024, with interim and final valuation dates on April 28, 2025, and April 26, 2027, respectively. The maturity date is April 29, 2027. The securities offer a return amount based on the underlying return and an upside participation rate of 125.00%. The final barrier value is set at 70.00% of the initial underlying value. An automatic early redemption feature is included, which calls the securities for the principal plus a premium if the underlying's closing value on the interim valuation date is at or above the initial value. The premium is...Show More

Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., has announced the offering of 3 Year Autocallable Barrier Securities linked to the S&P 500 Futures Excess Return Index (SPXFP). The securities have a pricing date set for April 25, 2024, with interim and final valuation dates on April 28, 2025, and April 26, 2027, respectively. The maturity date is April 29, 2027. The securities offer a return amount based on the underlying return and an upside participation rate of 125.00%. The final barrier value is set at 70.00% of the initial underlying value. An automatic early redemption feature is included, which calls the securities for the principal plus a premium if the underlying's closing value on the interim valuation date is at or above the initial value. The premium is anticipated to be between 11.00% to 12.00% per annum. Payments at maturity are contingent on the performance of the underlying index and are subject to the credit risk of Citigroup Global Markets Holdings Inc. and Citigroup Inc. The offering summary highlights significant investment risks, including the potential loss of the entire investment if the final underlying value is below the final barrier value, no interest payments, and sensitivity to the underlying's volatility. The securities will not be listed on any securities exchange, which may impact the ability to sell them before maturity. The estimated value of the securities on the pricing date is expected to be less than the issue price. Investors are advised to read the accompanying preliminary pricing supplement and other documents filed with the SEC for a more comprehensive understanding of the offering and associated risks.