Citigroup to price buffered index-linked notes tied to S&P 500 index

By Devika Patel

Knoxville, Tenn., Nov. 4 – Citigroup Global Markets Holdings Inc. plans to price 0% buffered index-linked notes linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be guaranteed by Citigroup Inc.

The notes will mature between 14 and 16 months after pricing, with the exact maturity to be set at pricing.

The payout at maturity will be par plus 150% of any index gain, up to a maximum settlement amount of between $1,125.70 and $1,147.75 per $1,000 of notes. The exact cap will be set at pricing.

Investors will receive par if the index falls by up to the 10% buffer and will lose 1.1111% for each 1% decline beyond the buffer.

Citigroup Global Markets Inc. is the agent.

The Cusip is 17324CCM6.

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