Citigroup plans enhanced barrier digital plus notes on iShares MSCI EM

By Marisa Wong

Morgantown, W.Va., Aug. 13 – Citigroup Inc. plans to price 0% enhanced barrier digital plus securities due Aug. 30, 2018 linked to the iShares MSCI Emerging Markets exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

If the fund finishes at or above the barrier level, 80% of the initial level, the payout at maturity will be par plus the greater of any gain and the 11% to 15% fixed return. The exact fixed return will be set at pricing.

Investors will otherwise be exposed to any losses.

Citigroup Global Markets Inc. is the agent.

The notes will price on Aug. 27.

The Cusip number is 17298CDR6.

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