Citigroup plans to price PLUS due July 2018 linked to Euro Stoxx 50

By Tali Rackner

Norfolk, Va., March 10 – Citigroup Global Markets Holdings Inc. plans to price 0% Performance Leveraged Upside Securities due July 5, 2018 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be guaranteed by Citigroup, Inc.

If the final index level is greater than the initial index level, the payout at maturity will be par of $10 plus 300% of the index return, subject to a maximum return that is expected to be at least 31.3% and will be set at pricing.

If the final index level is less than the initial index level, investors will be fully exposed to the decline.

Citigroup Global Markets Inc. is the underwriter. Morgan Stanley Wealth Management is acting as a dealer.

The notes will price on March 15.

The Cusip number is 17325E648.

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