Citigroup eyes 0.75% market-linked notes due 2022 on indexes, fund

By Lisa Mayntz

Chicago, Feb. 9 – Citigroup Global Markets Holdings Inc. plans to price 0.75% market-linked notes due Aug. 26, 2022 linked to an equally weighted basked of two indexes and one fund, according to a 424B2 filing with the Securities and Exchange Commission.

The basket consists of the Dow Jones industrial average, the Euro Stoxx 50 index and the iShares iBoxx $ High Yield Corporate Bond exchange-traded fund.

The notes will be guaranteed by Citigroup Inc.

Interest is payable semiannually.

The payout at maturity will be par plus an upside participation rate of between 100% and 110%, to be set at pricing, if the average basket return if positive. If the average basket return is negative, the payout will be par.

Citigroup Global Markets Inc. is the agent.

The notes will price on Feb. 23 and settle on Feb. 28.

The Cusip number is 17324CEW2.

© 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.