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Citigroup to price market-linked notes tied to index basket
By Wendy Van Sickle
Columbus, Ohio, Feb. 19 – Citigroup Global Markets Holdings Inc. plans to price 0% market-linked notes due March 3, 2025 linked to an equally weighted basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by Citigroup Inc.
The basket consists of the S&P 500 index and the Euro Stoxx 50 index.
The payout at maturity will be par plus any basket gain.
If the index falls, the payout will be par.
Citigroup Global Markets Inc. is the underwriter.
The notes will price on Feb. 26.
The Cusip number is 17326YY59.
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