Citigroup to price dual directional barrier notes linked to Euro Stoxx

By Marisa Wong

Morgantown, W.Va., Nov. 21 – Citigroup Global Markets Holdings Inc. plans to price 0% dual directional barrier securities due Nov. 27, 2019 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 index finishes at or above the initial level, the payout at maturity will be par plus the index return, subject to a maximum return of 24.75%.

If the index finishes below the initial level but at or above the barrier level, 75.25% of the initial level, the payout at maturity will be par plus the absolute value of the index return.

If the index finishes below the barrier level, investors will have one-to-one exposure to the index’s decline from its initial level.

Citigroup Global Markets Inc. is the underwriter.

The notes will price Nov. 22.

The Cusip number is 17324CPE0.

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