Citigroup plans barrier securities linked to iShares MSCI EM ETF

By Marisa Wong

Morgantown, W.Va., Aug. 12 – Citigroup Global Markets Holdings Inc. plans to price 0% barrier securities due Sept. 5, 2018 linked to the iShares MSCI Emerging Markets exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Citigroup Inc.

If the final share price is greater than or equal to the initial share price, the payout at maturity will be par plus 150% of the ETF return up to a 24% to 28% maximum return.

If the final share price is less than the initial share price but greater than or equal to the 80% barrier price, the payout will be par.

If the final share price is less than the barrier price, investors will lose 1% for every 1% that the final share price is less than the initial share price.

Citigroup Global Markets Inc. is the underwriter.

The notes will price on Aug. 30.

The Cusip number is 17324CA48.

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