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Published on 11/23/2020 in the Prospect News Structured Products Daily.

Citigroup plans market-linked notes on Citi Dynamic Asset

By Emma Trincal

New York, Nov. 23 – Citigroup Global Markets Holdings Inc. plans to price market-linked notes due Nov. 30, 2027 linked to the Citi Dynamic Asset Selector 5 Excess Return index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Citigroup Inc.

The payout at maturity will be par plus 1.2 to 1.45 times any index gain. The exact participation rate will be set at pricing. If the index finishes flat or falls, the payout will be par.

Citigroup Global Markets Inc. is the underwriter.

The notes will price on Nov. 24 and settle on Nov. 30.

The Cusip number is 17328WYN2.


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