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Published on 6/28/2016 in the Prospect News Structured Products Daily.

Citigroup to price PLUS linked to S&P 500, Euro Stoxx 50, four ETFs

By Angela McDaniels

Tacoma, Wash., June 28 – Citigroup Global Markets Holdings Inc. plans to price 0% Performance Leveraged Upside Securities due Aug. 4, 2017 linked to a basket of indexes and exchange-traded funds, according to a 424B2 filing with the Securities and Exchange Commission.

The basket is composed of the S&P 500 index with a 40% weight and the Euro Stoxx 50 index, the WisdomTree Japan Hedged Equity Fund, the Technology Select Sector SPDR Fund, the Energy Select Sector SPDR Fund and the iShares Russell 2000 exchange-traded fund, each with a 12% weight.

If the final basket level is greater than the initial basket level, the payout at maturity will be par of $10 plus 300% of the basket return, subject to a maximum return of 14.85%. If the final basket level is less than the initial basket level, investors will be fully exposed to the decline.

Citigroup Global Markets Inc. is the agent. Morgan Stanley Wealth Management is a dealer.

The notes will price July 1.

The Cusip number is 17324P388.


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