Citigroup plans to price buffer securities linked to Euro Stoxx 50

By Marisa Wong

Madison, Wis., July 6 – Citigroup Inc. plans to price 0% buffer securities due July 31, 2020 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par plus the index return. Investors will receive par if the index falls by 20% or less and will lose 1% for every 1% that it declines beyond 20%.

Citigroup Global Markets Inc. is the underwriter.

The notes are expected to price July 28.

The Cusip number is 17298CCS5.

© 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.