Citigroup plans to price buffered notes linked to MSCI EAFE index

By Wendy Van Sickle

Columbus, Ohio, April 5 – Citigroup Inc. plans to price 0% 16- to 19-month buffered notes linked to the MSCI EAFE index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 140% of any index gain, up to a maximum settlement amount expected to be between $1,168 and $1,197.40 for each $1,000 of notes.

Investors will receive par if the index falls by up to 12.5% and will lose 1.1429% for every 1% decline beyond 12.5%.

The exact deal terms, including maturity and cap, will be set at pricing.

Citigroup Global Markets Inc. is the agent.

The notes (Cusip: 17298CEE4) are expected to price on April 8 and settle five business days after pricing.

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