Citigroup to price Accelerated Return Notes linked to Euro Stoxx 50

By Toni Weeks

San Luis Obispo, Calif., Aug. 29 – Citigroup Inc. plans to price 0% Accelerated Return Notes due March 29, 2018 linked to the Euro Stoxx 50 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 at least 150% of the index return, with the exact participation rate to be set at pricing. Investors will receive par if the index falls by up to 25% and will be fully exposed to the index decline from the initial level if it falls by more than 25%.

The notes (Cusip: 1730T0X79) are expected to price Sept. 25 and settle three business days later.

Citigroup Global Markets Inc. is the underwriter.

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