Citigroup plans to price market-linked notes tied to Euro Stoxx 50

By Tali Rackner

Norfolk, Va., July 2 – Citigroup Inc. plans to price 0% market-linked notes due August 2022 based on the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus any index gain, up to a maximum return of 200%. The exact cap will be set at pricing.

Investors will receive par if the index declines.

Citigroup Global Markets Inc. is the underwriter.

The notes are expected to price July 28 and settle July 31.

The Cusip number is 17298CCR7.

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