Citigroup plans enhanced barrier digital plus notes tied to Stoxx 50

By Susanna Moon

Chicago, March 7 – Citigroup Inc. plans to price 0% enhanced barrier digital plus securities due April 1, 2021 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index finishes at or above the 75% barrier level, the payout at maturity will be par plus the greater of the gain and the fixed return of 18% to 22%. The exact digital return will be set at pricing.

Otherwise, investors will be fully exposed to any losses.

Citigroup Global Markets Inc. is the underwriter.

The notes will price on March 29.

The Cusip number is 17298CAE8.

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