Citigroup plans market-linked notes tied to Euro Stoxx 50

By Marisa Wong

Madison, Wis., Aug. 6 – Citigroup Inc. plans to price 0% market-linked notes due Aug. 30, 2019 tied to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par of $1,000 plus any index gain, subject to a maximum return of 55% to 65%. The exact cap will be set at pricing.

If the index return is less than or equal to zero, the payout will be par plus the index return, subject to a minimum payment of $950 per note.

Citigroup Global Markets Inc. and UBS Financial Services Inc. are the agents.

The notes are expected to price on Aug. 25.

The Cusip number is 1730T0W70.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.