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Published on 2/27/2019 in the Prospect News Structured Products Daily.

Citigroup plans autocalls linked to Citi Dynamic Asset Selector 5

Chicago, Feb. 27 – Citigroup Global Markets Holdings Inc. plans to price 0% market-linked notes due March 4, 2024 linked to the Citi Dynamic Asset Selector 5 Excess Return index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be guaranteed by Citigroup Inc.

The notes will be automatically called at par plus an annual premium of 9% if, on an annual valuation date, the closing level of the index is greater than or equal to the applicable premium threshold level. The premium threshold level will start at 101.75% on Feb. 28, 2020, stepping up 1.75% annually.

If the index return is positive, the payout at maturity will be par plus double the index gain. Otherwise, the payout will be par.

Citigroup Global Markets Inc. is the agent.

The notes will price Feb. 28 and settle March 5.

The Cusip number is 17326YXQ4.


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