Citigroup to price buffered PLUS linked to Euro Stoxx 50 index

By Angela McDaniels

Tacoma, Wash., March 15 – Citigroup Inc. plans to price 0% buffered Performance Leveraged Upside Securities due Oct. 3, 2018 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the final index level is greater than the initial index level, the payout at maturity will be par of $10 plus 200% of the index return, subject to a maximum return that is expected to be at least 36% and will be set at pricing. Investors will receive par if the index declines by 10% or less and will lose 1% for every 1% that the index declines beyond 10%.

Citigroup Global Markets Inc. is the underwriter. Morgan Stanley Wealth Management is a dealer.

The notes will price March 31.

The Cusip number is 17323P298.

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