Citigroup plans to price buffered PLUS linked to Euro Stoxx 50

By Toni Weeks

San Luis Obispo, Calif., Feb. 9 – Citigroup Inc. plans to price 0% buffered Performance Leveraged Upside Securities due March 2, 2018 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus double any gain in the index, up to a maximum payment of at least $13.80 per $10 principal amount. The exact maximum payment will be set at pricing.

Investors will receive par if the index declines by up to 10% and will be exposed to any losses beyond the 10% buffer.

The notes (Cusip: 17323B703) are expected to price Feb. 27 and settle three business days later.

Citigroup Global Markets Inc. is the agent.

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