Citi plans trigger absolute return autocallables on Bank of America

New York, Oct. 26 – Citigroup Global Markets Holdings Inc. plans to price 0% trigger absolute return autocallable notes due Nov. 5, 2019 linked to the common stock of Bank of America Corp., according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Citigroup Inc.

The notes will be called at par plus a call premium of 11% to 11.5% per year if Bank of America shares close at or above the initial share price on any quarterly observation date.

If the stock finishes at or above the downside threshold, 75% of the initial share price, the payout at maturity will be par plus the absolute value of the stock return. If the stock finishes below the downside threshold, investors will lose 1% for every 1% that the final share price is less than the initial share price.

UBS Financial Services Inc. and Citigroup Global Markets Inc. are the agents.

The notes will price on Oct. 27 and settle on Oct. 31.

The Cusip number is 17325K701.

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