Citigroup to price autocallables linked to Russell 2000, Euro Stoxx 50

By Angela McDaniels

Tacoma, Wash., Oct. 23 – Citigroup Global Markets Holdings Inc. plans to price 0% autocallable securities due Nov. 2, 2022 linked to the lesser performing of the Russell 2000 index and the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be guaranteed by Citigroup Inc.

The notes will be automatically called at par plus a call premium of 10.25% per year if the lesser-performing index closes at or above its initial level on any quarterly call valuation date.

If the notes have not been called and the lesser-performing index finishes at or above its initial level, the payout at maturity will be par plus 51.25%. If the lesser-performing index finishes below its initial level but at or above its trigger level, 70% of its initial level, the payout will be par. If the lesser-performing index finishes below its trigger level, investors will lose 1% for every 1% that the lesser-performing index declines from its initial level.

Citigroup Global Markets Inc. is the underwriter.

The notes will price Oct. 26.

The Cusip number is 17324CNG7.

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