Citi plans barrier notes on Deutsche X-trackers Harvest CSI 300 China

By Marisa Wong

Morgantown, W.Va., April 27 – Citigroup Global Markets Holdings Inc. plans to price 0% barrier securities due May 3, 2022 linked to the Deutsche X-trackers Harvest CSI 300 China A-Shares 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 130% to 140% of the ETF return up to an 80% to 85% maximum return.

If the final share price is less than the initial share price but greater than or equal to the 70% barrier price, the payout will be par.

If the final share price is less than the barrier price, investors will receive a number of shares of the ETF equal to $1,000 divided by the initial share price.

Citigroup Global Markets Inc. is the underwriter.

The notes will price on April 28.

The Cusip number is 17324CHJ8.

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