Citigroup plans 0.3% market-linked notes tied to basket of indexes, ETF

By Marisa Wong

Morgantown, W.Va., July 14 – Citigroup Global Markets Holdings Inc. plans to price 0.3% market-linked notes due Feb. 2, 2022 linked to a basket of three components, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Citigroup Inc.

The basket consists of the Dow Jones industrial average with a 33.34% weight, the Euro Stoxx 50 index with a 33.33% weight and the iShares Core U.S. Aggregate Bond exchange-traded fund with a 33.33% weight.

The payout at maturity will be par plus 100% to 110% of any basket gain. The exact upside participation rate will be set at pricing.

If the basket falls, the payout will be par.

Citigroup Global Markets Inc. is the underwriter.

The notes will price on July 28.

The Cusip number is 17324C6M3.

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