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Published on 6/7/2016 in the Prospect News Structured Products Daily.

Citigroup to price notes linked to bond ETF, S&P 500, Euro Stoxx 50

By Angela McDaniels

Tacoma, Wash., June 7 – Citigroup Global Markets Holdings Inc. plans to price 0% market-linked notes due July 2, 2021 linked to a basket consisting of the iShares Core U.S. Aggregate Bond ETF with a 50% weight, the S&P 500 index with a 25% weight and the Euro Stoxx 50 index with a 25% weight, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Citigroup Inc.

If the basket return is positive, the payout at maturity will be par plus 95% to 105% of the basket return. The exact upside participation rate will be set at pricing. If the basket return is less than or equal to zero, the payout will be par.

Citigroup Global Markets Inc. is the agent.

The notes will price June 29.

The Cusip number is 17324C3Z7.


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