Citi plans leveraged market-linked notes due 2021 on Euro Stoxx 50

By Sarah Lizee

Olympia, Wash., July 9 – Citigroup Global Markets Holdings Inc. plans to price 0% market-linked notes with leveraged upside participation to a cap and fixed percentage buffered downside due Aug. 5, 2021 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Citigroup Inc.

If the index finishes above its initial level, the payout at maturity will be par plus 200% of the gain, capped at par plus 28% to 33%.

If the index finishes flat or falls by up to 10%, the payout will be par.

Otherwise, investors will lose 1% for every 1% decline of the index beyond the 10% buffer.

Citigroup Global Markets Inc. and Wells Fargo Securities, LLC are the agents.

The notes will price on July 31.

The Cusip number is 17327TDH6.

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