Citigroup plans trigger jump securities linked to Euro Stoxx 50

By Marisa Wong

Madison, Wis., May 4 – Citigroup Funding Inc. plans to price 0% trigger jump securities due June 3, 2021 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the final index level is greater than the initial level, the payout at maturity will be par of $10 plus the greater of the index return and the fixed return amount, which will be at least 46% and will be set at pricing.

If the final index level is less than or equal to the initial level and greater than or equal to the trigger level, the payout will be par. The trigger level is 60% of the initial index level.

If the final index level is less than the trigger level, investors will lose 1% for every 1% that the final index level is less than the initial level.

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

The notes are expected to price on May 28.

The Cusip number is 17323B265.

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