Citigroup plans to price market-linked notes tied to Euro Stoxx 50

By Toni Weeks

San Luis Obispo, Calif., May 5 – Citigroup Inc. plans to price 0% market-linked notes due March 4, 2019 linked to the Euro Stoxx 50 index, according to an FWP filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 1.75 times any index gain, up to a maximum return of 37% to 42%. The exact cap will be set at pricing.

If the index falls by up to 20%, the payout will be par. Investors will be exposed to any losses beyond the 20% buffer.

Citigroup Global Markets Inc. is the agent.

The notes will price May 29 and settle June 3.

The Cusip number is 17298CAW8.

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