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Published on 9/6/2016 in the Prospect News Structured Products Daily.

Citigroup plans enhanced buffered digital notes on Russell 2000

By Wendy Van Sickle

Columbus, Ohio, Sept. 6 – Citigroup Global Markets Holdings Inc. plans to price 0% enhanced buffered digital securities due Oct. 2, 2019 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Citigroup Inc.

If the final index level is at least 85% of the initial level, the payout at maturity will be par plus the digital return of 14% to 17%. Otherwise, investors will have 1-to-1 exposure to losses beyond 15%.

Citigroup Global Markets Inc. is the agent.

The notes will price on Sept. 27.

The Cusip number is 17324CAL0.


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