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Published on 4/11/2019 in the Prospect News Structured Products Daily.

Citigroup plans to price buffered digital notes linked to Euro Stoxx

By Angela McDaniels

Tacoma, Wash., April 11 – Citigroup Global Markets Holdings Inc. plans to price 21- to 24-month 0% buffered digital notes 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.

If the index return is greater than or equal to negative 12.5%, the payout at maturity will be the threshold settlement amount, which is expected to be $1,151.10 to $1,177.30 per $1,000 stated principal amount and will be set at pricing.

If the index return is less than negative 12.5%, investors will lose 1.1429% for every 1% that the index declines beyond 12.5%.

Citigroup Global Markets Inc. is the underwriter.

The Cusip number is 17326Y6F8.


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