Citigroup to price 0.35% market-linked notes tied to Euro Stoxx 50

By Toni Weeks

San Luis Obispo, Calif., April 28 - Citigroup Inc. plans to price 0.35% market-linked notes due Dec. 4, 2019 tied to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

Interest is payable semiannually.

If the average index return percentage is positive, the payout at maturity will be par plus 95% to 105% of the return, with the exact participation rate to be set at pricing.

If the index falls, the payout will be par.

The average index return will be the average of the index return percentages on each quarterly valuation date during the life of the notes.

Citigroup Global Markets Inc. is the underwriter.

The notes will price May 29 and settle three business days later.

The Cusip number is 1730T0P60.

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