Citigroup plans PLUS linked to WisdomTree Japan Hedged Equity fund

By Angela McDaniels

Tacoma, Wash., Jan. 17 – Citigroup Global Markets Holdings Inc. plans to price 0% Performance Leveraged Upside Securities due May 3, 2018 linked to the WisdomTree Japan Hedged Equity 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 the initial share price, the payout at maturity will be par of $10 plus 300% of the ETF return, subject to a maximum return that is expected to be at least 18.05% and will be set at pricing.

If the final share price is less than the initial share price, investors will be fully exposed to the decline.

Citigroup Global Markets Inc. is the underwriter. Morgan Stanley Wealth Management is acting as dealer.

The notes will price Jan. 31.

The Cusip number 17325E192.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.