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Published on 9/13/2019 in the Prospect News Structured Products Daily.

Citi plans to price market-linked notes due 2022 tied to Stoxx 50

By Wendy Van Sickle

Columbus, Ohio, Sept. 13 – Citigroup Global Markets Holdings Inc. plans to price 0% market-linked notes due Oct. 5, 2022 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Citigroup Inc.

If the final index level is greater than or equal to its initial level, the payout at maturity will be par plus 115% of the return of the index. Investors will be exposed to the first 5% of any loss, with a minimum payout of 95% of par.

Citigroup Global Markets Inc. is the underwriter.

The notes will price on Sept. 30.

The Cusip number is 17327TES1.


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