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Citigroup to price geared buffer securities linked to Euro Stoxx 50
By Susanna Moon
Chicago, Feb. 18 – Citigroup Inc. plans to price 0% geared buffer securities due March 7, 2019 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 150% of any index gain, up to a maximum return of 50% to 55%.
Investors will receive par if the index falls by up to 25% and will lose 1.3333% per 1% drop beyond 25%.
Citigroup Global Markets Inc. is the agent.
The notes will price on March 4.
The Cusip number is 1730T05C9.
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