Citigroup aims to sell buffered digital notes linked to S&P 500 index

By Devika Patel

Knoxville, Tenn., March 27 – Citigroup Global Markets Holdings Inc. plans to price 0% buffered digital notes linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Citigroup Inc.

The notes are expected to mature between 21 and 24 months after pricing, with the exact maturity to be set at pricing.

If the final index level is greater than or equal to 85% of the initial index level, the payout at maturity will be the threshold settlement payment of between $1,070 and $1,082 per $1,000 of notes. The exact threshold settlement payment will be set at pricing.

Otherwise, investors will lose 1.1765% for each 1% decline beyond 15%.

Citigroup Global Markets Inc. is the agent.

The Cusip number is 17324CGM2.

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