Citigroup plans to price PLUS due 2019 linked to SPDR S&P Oil & Gas

By Sarah Lizee

Olympia, Wash., June 20 – Citigroup Global Markets Holdings Inc. plans to price 0% Performance Leveraged Upside Securities due Oct. 3, 2019 linked to the SPDR S&P Oil & Gas Exploration & Production ETF, according to a 424B2 filed with the Securities and Exchange Commission.

The payout at maturity will be par plus triple any fund gain, up to a maximum payment of at least $2.775 per $10.00 PLUS. The exact maximum return at maturity will be determined on the pricing date.

Investors will be exposed to any losses.

The notes are guaranteed by Citigroup Inc.

Citigroup Global Markets Inc. is the agent.

The notes will price on June 29 and settle three business days after the pricing date.

The Cusip number is 17326K577.

© 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.