Citigroup to price accelerated return notes linked to Stoxx Europe 600

By Angela McDaniels

Tacoma, Wash., June 11 – Citigroup Inc. plans to price 0% accelerated return notes due June 16, 2016 linked to the Stoxx Europe 600 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the final index level is greater than or equal to the initial index level, the payout at maturity will be par plus 130% of the index return. If the index declines by 10% or less, the payout will be par. If the index declines by more than 10%, investors will be fully exposed to the index’s decline from its initial level.

Citigroup Global Markets Inc. is the underwriter.

The notes are expected to price June 12.

The Cusip number is 1730T0T25.

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