Citigroup plans market-linked notes with buffer tied to Euro Stoxx 50

By Susanna Moon

Chicago, June 4 – Citigroup Inc. plans to price 0% market-linked securities due July 8, 2019 with leveraged upside participation to a cap and fixed percentage buffered downside 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 175% of any index gain, up to a maximum return of 40% to 45%. The exact cap will be set at pricing.

Investors will receive par if the index falls by up to 20% and will lose 1% for every 1% decline beyond 20%.

Citigroup Global Markets Inc. and Wells Fargo Securities are the agents.

The notes will price on June 30.

The Cusip number is 17298CBW7.

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