Citigroup plans to price upturn securities linked to Euro Stoxx 50

By Toni Weeks

San Luis Obispo, Calif., April 2 – Citigroup Inc. plans to price 0% upturn securities due Oct. 20, 2016 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the final index level is greater than the initial level, the payout at maturity will be par plus 140% of the index return, subject to a maximum return of 30% to 34% that will be set at pricing.

Investors will be fully exposed to any losses.

The notes (Cusip: 1730T07A1) are expected to price April 17.

Citigroup Global Markets Inc. is the underwriter.

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