Citigroup plans enhanced barrier digital plus notes on Euro Stoxx 50

By Sarah Lizee

Olympia, Wash., Sept. 20 – Citigroup Global Markets Holdings Inc. plans to price 0% enhanced barrier digital plus securities due Oct. 28, 2022 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index finishes at or above its 75% barrier level, the payout at maturity will be par plus the greater of any gain and the 25% to 27% fixed return. The exact fixed return will be set at pricing.

Otherwise, investors will lose 1% for each 1% decline.

The notes are guaranteed by Citigroup Inc.

Citigroup Global Markets Inc. is the underwriter.

The notes will price on Oct. 25 and settle on Oct. 30.

The Cusip number is 17326YXS0.

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