Citigroup plans market-linked notes due 2021 tied to indexes, fund

By Susanna Moon

Chicago, Dec. 7 – Citigroup Inc. plans to price 0% market-linked notes due June 25, 2021 linked to a basket of two indexes and an exchange-traded fund, about equally weighted, according to an FWP filed with the Securities and Exchange Commission.

The underlying components are the S&P 500 index, the Euro Stoxx 50 index and the iShares Core U.S. Aggregate Bond ETF.

The payout at maturity will be par plus 100% to 120% of any index gain, with the exact cap to be set at pricing.

If the index falls, the payout will be par.

Citigroup Global Markets Inc. is the agent.

The notes will price on Dec. 22.

The Cusip number is 17298C4Z8.

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