Citigroup to price 14-month upturn securities linked to S&P 500

By Marisa Wong

Morgantown, W.Va., June 19 – Citigroup Global Markets Holdings Inc. plans to price 0% upturn securities due Sept. 3, 2019 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Citigroup Inc.

If the final index level is greater than the initial index level, the payout at maturity will be par plus 300% of the index return, subject to a maximum return of 11.5%. If the index return is negative, investors will be fully exposed to the decline.

Citigroup Global Markets Inc. is the agent.

The notes will price on June 26.

The Cusip number is 17324CWF9.

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