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

Chicago, April 26 – Citigroup Global Markets Holdings Inc. plans to price 0% market-linked notes due May 27, 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 par plus 30% to 33%. The exact maximum return will be set at pricing.

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 May 23 and settle three business days later.

The Cusip number is 17324CUL8.

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