Citigroup to price accelerated return notes linked to Euro Stoxx 50

By Angela McDaniels

Tacoma, Wash., June 3 – Citigroup Global Markets Holdings Inc. plans to price 0% accelerated return notes due Jan. 2, 2020 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be guaranteed by Citigroup Inc.

If the index return is positive, the payout at maturity will be par plus 146% of the index return. If the final index level is less than the initial level but greater than or equal to the barrier level, 75% of the initial level, the payout will be par. If the final index level is less than the barrier level, investors will lose 1% for every 1% decline in the index from its initial level.

Citigroup Global Markets Inc. is the underwriter.

The notes will price June 27.

The Cusip number is 17324C4A1.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.