Citigroup plans capped return enhanced notes linked to Russell 2000

By Jennifer Chiou

New York, March 24 – Citigroup Inc. plans to price 0% capped return enhanced notes due April 13, 2016 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus double any gain in the index, up to a maximum return of 16.9%.

Investors will be exposed to any losses.

The notes (Cusip: 1730T06N4) will price on March 27.

Citigroup Global Markets Inc. is the agent.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.