Citigroup plans leveraged geared buffered notes on MSCI EM ETF

By Emma Trincal

New York, March 26 – Citigroup Global Markets Holdings Inc. plans to price 0% buffered linked notes linked to the iShares MSCI Emerging Markets ETF, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are expected to mature between 23 and 26 months after the trade date.

The notes are guaranteed by Citigroup Inc.

The payout at maturity will be par plus 1.6 times any ETF gain, up to a maximum return of par plus 42.128% to 49.424%. The exact maximum return will be set at pricing.

Investors will receive par if the ETF falls by up to 20% and will lose 1.25% for each 1% that the ETF falls beyond 20%

Citigroup Global Markets Inc. is the underwriter.

The Cusip number is 17328VGT1.

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