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Citigroup to price PLUS linked to iShares China Large-Cap ETF
By Jennifer Chiou
New York, Oct. 9 – Citigroup Inc. plans to price 0% trigger Performance Leveraged Upside Securities due Nov. 24, 2015 linked to the iShares China Large-Cap exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus triple any fund gain, up to a maximum return of 22%.
Investors will share in losses.
The notes (Cusip: 17322X888) will price on Oct. 24.
Citigroup Global Markets Inc. is the underwriter.
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