Citigroup plans to price buffer securities linked to Euro Stoxx 50

By Toni Weeks

San Luis Obispo, Calif., May 12 – Citigroup Inc. plans to price 0% buffer securities due May 20, 2019 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 125% of any index gain, up to a maximum return of 47% to 51% that will be set at pricing. Investors will receive par if the index falls by up to 20% and will lose 1% for every 1% decline beyond 20%.

The notes (Cusip: 17298CAZ1) are expected to price May 15 and settle three business days later.

Citigroup Global Markets Inc. is the underwriter.

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