Citigroup plans 0.4% market-linked notes due 2022 on fund, two indexes

By Susanna Moon

Chicago, June 7 – Citigroup Global Markets Holdings Inc. plans to price 0.4% market-linked notes due Jan. 3, 2022 linked to a basket of three components, according to a 424B2 filing with the Securities and Exchange Commission.

Interest is payable semiannually.

The basket consists of the iShares Core U.S. Aggregate Bond exchange-traded fund with a 50% weight, the S&P 500 index with a 25% weight and the Euro Stoxx 50 index with a 25% weight.

The payout at maturity will be par plus 100% to 110% of any basket gain.

If the basket falls, the payout will be par.

The notes are guaranteed by Citigroup Inc.

Citigroup Global Markets Inc. is the underwriter.

The notes will price on June 29.

The Cusip number is 17324C3Y0.

© 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.