Citigroup plans to price 14-month capped gears linked to Euro Stoxx

By Tali Rackner

Norfolk, Va., May 17 – Citigroup Global Markets Holdings Inc. plans to price 0% capped gears due July 31, 2017 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is zero or positive, the payout at maturity will be par of $10 plus the upside gearing of 3 times, subject to a maximum gain of 21% to 23%. The exact cap will be set at pricing.

If the index return is negative, investors will be fully exposed to the index’s decline from its initial level.

Citigroup Global Markets Inc. and UBS Financial Services Inc. are the agents.

The notes will price on May 26 and settle on May 31.

The Cusip number is 17324P214.

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