Citigroup plans buffered market-linked notes tied to iShares MSCI EAFE

By Susanna Moon

Chicago, Jan. 7 – Citigroup Inc. plans to price 0% market-linked securities – leveraged upside participation to a cap and fixed percentage buffered downside due Aug. 5, 2019 linked to the iShares MSCI EAFE exchange-traded fund, according to a 424B5 filed with the Securities and Exchange Commission.

The payout at maturity will be par plus 1.75 times any index gain, up to a maximum return of 35% to 40%. The exact cap will be set at pricing.

Investors will receive par if the index falls by up to 15% and will be exposed to any losses beyond 15%.

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

The notes will price on Jan. 29.

The Cusip number is 17298C5S3.

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