Correction: Citigroup to price notes on Euro Stoxx due Nov. 30, 2022

A report on the Nov. 3 issue of the Prospect News Structured Products Daily gave an incorrect maturity date for Citigroup’s offering of market-linked notes linked to the Euro Stoxx 50 index. A corrected version follows.

Citigroup to price seven-year market-linked notes on the Euro Stoxx 50

By Devika Patel

Knoxville, Tenn., Nov. 2 – Citigroup Inc. plans to price 0% market-linked notes due Nov. 30, 2022 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 any index gain, up to a maximum return of at least 100%. The exact cap will be set at pricing.

If the index falls, the payout will be par.

Citigroup Global Markets Inc. is the agent

. The notes (Cusip: 17298C4A3) are expected to price on Nov. 24 and settle three business days after pricing.

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