Citigroup plans five-year jump autocall notes tied to Euro Stoxx 50

By Susanna Moon

Chicago, Jan. 17 – Citigroup Global Markets Holdings Inc. plans to price 0% jump securities with autocallable feature due Feb. 3, 2023 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be called at par plus an annual premium of 12% if the index closes above its initial level on any of the first four valuation dates.

If the index finishes above the initial level, the payout at maturity will be par plus 60%.

If the index falls by up to the 85% trigger level, the payout will be par.

Otherwise, investors will be fully exposed to any losses.

The notes are guaranteed by Citigroup Inc.

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

The notes will price on Jan. 31.

The Cusip number is 17326E316.

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