Citigroup plans market-linked notes on S&P, Stoxx, high-yield ETF

New York, April 26 – Citigroup Global Markets Holdings Inc. plans to price 0% market-linked notes due May 30, 2023 linked to a basket of two indexes and an exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

The basket consists of the S&P 500 index with a 25% weight, the Euro Stoxx 50 index with a 25% weight and the iShares iBoxx $ High Yield Corporate Bond ETF with a 50% weight.

The payout at maturity will be par plus 120% to 130% of any basket gain. The exact upside participation rate will be set at pricing.

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 May 24 and settle three business days later.

The Cusip number is 17324CUH7.

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