Citibank to price five-year market-linked CDs tied to Euro Stoxx 50

By Marisa Wong

Morgantown, W.Va., June 13 – Citibank, NA plans to price 0% market-linked certificates of deposit due June 29, 2023 linked to the Euro Stoxx 50 index, according to a term sheet.

The payout at maturity will be par plus 120% to 130% the index return, subject to a minimum payout of par. The exact participation rate will be set at pricing.

Citigroup Global Markets Inc. is the agent. Incapital LLC is distributor.

The CDs will price June 26.

The Cusip number is 17294XDY9.

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