Citigroup Global Markets Holdings Inc., a subsidiary of Citigroup Inc., has issued a new financial product called Buffered Digital Notes, linked to the performance of the SPDR S&P 500 ETF Trust, with a maturity date of November 19, 2025. These unsecured senior debt securities do not pay interest and offer a variable payment at maturity, which can be more or less than the principal amount, based on the performance of the SPDR S&P 500 ETF Trust shares. The securities have a fixed return if the final share price is above a specified buffer price, but investors could lose their entire investment if the final share price is below the buffer price. The securities were priced on November 4, 2024, with an issue date of...Show More

Citigroup Global Markets Holdings Inc., a subsidiary of Citigroup Inc., has issued a new financial product called Buffered Digital Notes, linked to the performance of the SPDR S&P 500 ETF Trust, with a maturity date of November 19, 2025. These unsecured senior debt securities do not pay interest and offer a variable payment at maturity, which can be more or less than the principal amount, based on the performance of the SPDR S&P 500 ETF Trust shares. The securities have a fixed return if the final share price is above a specified buffer price, but investors could lose their entire investment if the final share price is below the buffer price. The securities were priced on November 4, 2024, with an issue date of November 7, 2024, and an aggregate principal amount of $2,500,000. Citigroup Inc. fully and unconditionally guarantees all payments due on the securities. The securities are not listed on any securities exchange, and their estimated value at the time of pricing was $9,840.00 per security, which is less than the issue price of $10,000.00. The securities involve risks not associated with conventional debt securities and are suitable only for investors who understand and are willing to bear these risks.