Citigroup plans 0% five-year buffer securities linked to Euro Stoxx 50

By Susanna Moon

Chicago, Dec. 4 – Citigroup Inc. plans to price 0% buffer securities due Dec. 31, 2020 linked to the Euro Stoxx 50 index, according to a 424B2 filed with the Securities and Exchange Commission.

The payout at maturity will be par plus any index gain.

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. is the underwriter.

The notes will price on Dec. 28.

The Cusip number is 17298C4V7.

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