Citigroup to price market-linked notes linked to Euro Stoxx 50 index

By Devika Patel

Knoxville, Tenn., July 9 – Citigroup Global Markets Holdings Inc. intends to price 0% market-linked notes due July 29, 2021 linked to the Euro Stoxx 50 index, according to an FWP filing with the Securities and Exchange Commission.

The notes will be guaranteed by Citigroup Inc.

The payout at maturity will be par plus 125% to 130% of any index gain. The exact participation rate will be set at pricing.

If the index falls, the payout will be par plus the index return, subject to a minimum payout of $950 per $1,000 of notes.

Citigroup Global Markets Inc. is the underwriter.

The notes (Cusip: 17324CX35) will price on July 26 and settle three business days after pricing.

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