Citigroup plans barrier digital securities linked to Euro Stoxx 50

By Angela McDaniels

Tacoma, Wash., Feb. 5 – Citigroup Global Markets Holdings Inc. plans to price 0% barrier digital securities due March 4, 2025 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be guaranteed by Citigroup Inc.

If the final index level is greater than or equal to the initial index level, the payout at maturity will be par plus the digital return amount, which is expected to be $900 to $1,000 per $1,000 principal amount of notes and will be set at pricing. If the final index level is less than the initial index level but greater than or equal to the final barrier value, 60% of the initial index level, the payout at maturity will be par. Otherwise, investors will lose 1% for every 1% that the index declines from its initial level.

Citigroup Global Markets Inc. is the underwriter.

The notes will price Feb. 25.

The Cusip number is 17326YCX2.

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