Citigroup to price market-linked notes linked to Euro Stoxx 50 index

By Devika Patel

Knoxville, Tenn., Dec. 28 – Citigroup Global Markets Holdings Inc. intends to price 0% market-linked notes due Feb. 2, 2022 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be guaranteed by Citigroup Inc.

The payout at maturity will be par plus 130% to 150% of any index gain. The exact participation rate will be set at pricing.

If the index falls, the payout will be par plus the index return, subject to a minimum payout of $950 per $1,000 of notes.

Citigroup Global Markets Inc. is the underwriter.

The notes (Cusip: 17326YVM5) will price on Jan. 28 and settle Jan. 31.

© 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.