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Published on 4/3/2018 in the Prospect News Structured Products Daily.

Citigroup plans three-year market-linked notes on two indexes, fund

By Susanna Moon

Chicago, April 3 – Citigroup Global Markets Holdings Inc. plans to price 0% market-linked notes due April 23, 2021 linked to an equally weighted basket of two indexes and an exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

The basket consists of the S&P 500 index, the Euro Stoxx 50 index and the iShares MSCI Emerging Markets ETF.

The payout at maturity will be par plus any basket gain up to a maximum return of 30% to 32%.

If the basket falls, the payout will be par plus the return with a minimum payout of 90% of par.

The notes are guaranteed by Citigroup Inc.

Citigroup Global Markets Inc. is the underwriter.

The notes will price on April 20.

The Cusip number is 17324CTE6.


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