Citigroup to price leveraged buffered notes linked to Euro Stoxx 50

By Angela McDaniels

Tacoma, Wash., March 12 – Citigroup Inc. plans to price 0% market-linked securities with leveraged upside participation to a cap and fixed percentage buffered downside due Jan. 7, 2019 linked to the Euro Stoxx 50 index, according to an FWP filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par plus 175% of the index return, subject to a maximum return that is expected to be 37% to 42% and will be set at pricing. Investors will receive par if the index decreases by up to 20% and will lose 1% for every 1% that it declines beyond 20%.

Wells Fargo Securities LLC is the agent.

The notes will price March 31 and settle April 6.

The Cusip number is 1730T06H7.

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