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Published on 2/13/2017 in the Prospect News Structured Products Daily.

Citigroup plans market-linked notes on basket containing S&P, Stoxx

By Wendy Van Sickle

Columbus, Ohio, Feb. 13 – Citigroup Global Markets Holdings Inc. plans to price 0% market-linked notes due March 1, 2022 linked to an equally weighted basket containing the Euro Stoxx 50 index and the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Citigroup Inc.

The payout at maturity will be par plus any basket gain, up to a maximum return of at least 100%.

If the basket falls, the payout will be par.

Citigroup Global Markets Inc. is the underwriter with Morgan Stanley Wealth Management as agent.

The notes will price on Feb. 24.

The Cusip number is 17325E408.


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