Citigroup plans buffered notes due 2019 with cap linked to S&P 500

By Susanna Moon

Chicago, Sept. 12 – Citigroup Global Markets Holdings Inc. plans to price 0% buffered notes due in 23 to 26 months linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 140% of any index gain, up to a maximum settlement amount of $1,191.10 to $1,224.70 per $1,000 principal amount of notes.

Investors will receive par if the index falls by up to 12.5% and will lose 1.1429% for each 1% decline beyond 12.5%.

The notes are guaranteed by Citigroup Inc.

Citigroup Global Markets Inc. is the underwriter.

The Cusip number is 17324CMG8.

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