Citigroup plans capped contingent buffered notes on Euro Stoxx Banks

By Marisa Wong

Madison, Wis., June 9 – Citigroup Inc. plans to price capped contingent buffered equity notes due June 29, 2016 linked to the Euro Stoxx Banks index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus any index gain, up to a maximum return of 18.6%.

Investors will receive par if the index falls by up to 20% and will be fully exposed to any loses if the index finishes below the 80% barrier level.

Citigroup Global Markets Inc. is the underwriter.

The notes are expected to price on June 12.

The Cusip number is 17298CCD8.

© 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.