Citigroup plans market-linked notes tied to basket of indexes, fund

By Susanna Moon

Chicago, Aug. 15 – Citigroup Global Markets Holdings Inc. plans to price market-linked notes due Sept. 1, 2022 linked to a basket of two indexes and three exchange-traded funds, equally weighted, according to a 424B2 filing with the Securities and Exchange Commission.

The underlying components are the S&P 500 index, the Euro Stoxx 50 index, iShares MSCI Emerging Markets ETF, the iShares iBoxx $ High Yield Corporate Bond ETF and the iShares Core U.S. Aggregate Bond ETF.

The payout at maturity will be par plus any basket gain, up to a maximum return of 30% to 35%.

If the basket falls, the payout will be par.

The notes are guaranteed by Citigroup Inc.

Citigroup Global Markets Inc. is the underwriter with Morgan Stanley Wealth Management as dealer.

The notes will price on Aug. 29.

The Cusip number is 17324CLG9.

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