Citigroup to price principal-protected notes linked to Euro Stoxx 50

By Angela McDaniels

Tacoma, Wash., June 2 – Citigroup Inc. plans to price 0% market-linked notes due June 30, 2022 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 index level, the payout at maturity will be par plus the index return, subject to a maximum return that is expected to be 80% to 100%, or a maximum payout of $1,800 to $2,000 per $1,000 principal amount of notes, and will be set at pricing. If the final index level is less than or equal to the initial index level, the payout will be par.

Citigroup Global Markets Inc. is the underwriter.

The notes are expected to price June 25.

The Cusip number is 17298CBV9.

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