Citigroup to price geared buffer securities linked to Euro Stoxx 50

By Sarah Lizee

Olympia, Wash., March 6 – Citigroup Global Markets Holdings Inc. plans to price 0% geared buffer securities due Sept. 30, 2021 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 the initial level, the payout at maturity will be par plus 185% of the index return. Investors will receive par if the index declines by 25% or less and will lose 1.3333% for every 1% that it may decline beyond 25%.

Citigroup Global Markets Inc. is the underwriter.

The notes are expected to price March 26.

The Cusip number is 17326YV86.

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