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Published on 8/4/2015 in the Prospect News Structured Products Daily.

Citigroup plans market-tied notes due 2019 on the iShares Russell 2000

By Susanna Moon

Chicago, Aug. 4 – Citigroup Inc. plans to price 0% market-linked securities – leveraged upside participation to a cap and fixed percentage buffered downside due March 4, 2019 linked to the iShares Russell 2000 exchange-traded fund, according to a 424B3 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 150% of any fund gain, up to a maximum return of 36% to 41%.

Investors will receive par if the fund falls by up to 10% and will be exposed to any losses beyond 10%.

Citigroup Global Markets Inc. is the agent.

The notes will price on Aug. 31.

The Cusip number is 17298CDG0.


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