Citigroup plans contingent buffered digital notes linked to oil ETF

By Angela McDaniels

Tacoma, Wash., Sept. 27 – Citigroup Global Markets Holdings Inc. plans to price 0% contingent buffered digital notes due Oct. 18, 2017 linked to the SPDR S&P Oil & Gas Exploration & Production exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be guaranteed by Citigroup Inc.

If the final share price is greater than or equal to the barrier price, 80% of the initial share price, the payout at maturity will be par plus 15.55%. Otherwise, investors will lose 1% for every 1% that the final share price is less than the initial share price.

Citigroup Global Markets Inc. is the underwriter.

The notes will price Sept. 30.

The Cusip number is 17324CB96.

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