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Citigroup plans to issue trigger PLUS linked to MSCI Europe index
New York, April 25 – Citigroup Global Markets Holdings Inc. plans to issue 0% trigger PLUS due April 24, 2026 linked to the MSCI Europe index, according to a 424B2 filing with the Securities and Exchange Commission.
If the index return is positive, the payout at maturity will be par plus 159% of the index return.
Investors will receive par if the index return is negative but ends at or above the 85% trigger level and will lose 1% for every 1% decline if it ends below the trigger level.
The notes are guaranteed by Citigroup Inc.
Citigroup Global Markets Inc. is the underwriter. Morgan Stanley Wealth Management is the dealer.
The notes were expected to price on April 21 and to settle on April 26.
The Cusip number is 17331HSN7.
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