Citigroup to price barrier digital securities on Euro Stoxx 50 index

By Wendy Van Sickle

Columbus, Ohio, Jan. 8 – Citigroup, Inc. plans to price barrier digital securities due January 2018 linked to the Euro Stoxx 50 index, according to a 424B2 filed with the Securities and Exchange Commission.

If the final index level is greater than or equal to the initial level, the payout at maturity will be par plus the fixed return amount, which is expected to be 18% to 22% and will be set at pricing.

If the final index level is less than the initial level but greater than or equal to the barrier level, 80% of the initial level, the payout will be par.

If the index finishes below the barrier level, investors will be fully exposed to the index’s decline.

Citigroup Global Markets Inc. is the agent.

The notes (Cusip: 17298C6C7) are expected to price on Jan. 22 and settle three business days after pricing.

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