Citigroup plans enhanced barrier digital plus notes tied to Stoxx 50

By Susanna Moon

Chicago, Sept. 20 – Citigroup Global Markets Holdings Inc. plans to price 0% enhanced barrier digital plus securities due Sept. 29, 2022 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index finishes at or above its 80% barrier level, the payout at maturity will be par plus the greater of the fixed return of 35% to 37% and any index gain up to a maximum return of 70%. The exact digital return will be set at pricing.

Otherwise, investors will be fully exposed to any losses.

The notes will be guaranteed by Citigroup Inc.

Citigroup Global Markets Inc. is the underwriter.

The notes will price on Sept. 26.

The Cusip number is 17324CMD5.

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