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Published on 6/15/2018 in the Prospect News Structured Products Daily.

Citigroup plans three-year market-linked notes on index, fund basket

By Susanna Moon

Chicago, June 15 – Citigroup Global Markets Holdings Inc. plans to price 0% market-linked notes due July 1, 2021 linked to a basket of equally weighted components, according to a 424B2 filing with the Securities and Exchange Commission.

The basket consists of the S&P 500 index, the Euro Stoxx 50 index and the iShares MSCI Emerging Markets ETF.

The payout at maturity will be par plus any basket gain, up to a maximum return of 30% to 33%.

If the basket falls, the payout will be par plus the return, subject to a minimum payout of $900 per $1,000 principal amount.

The notes are guaranteed by Citigroup Inc.

Citigroup Global Markets Inc. is the underwriter.

The notes will price on June 26.

The Cusip number is 17324CVD5.


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