Citi plans to price market-linked notes due 2022 tied to Stoxx 50

By Sarah Lizee

Olympia, Wash., April 30 – Citigroup Global Markets Holdings Inc. plans to price 0% market-linked notes due May 12, 2022 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Citigroup Inc.

If the final index level is greater than or equal to its initial level, the payout at maturity will be par plus the greater of 19% and the return of the index. If the index finishes flat or falls by up to 30%, the payout will be par. Otherwise, investors will receive 90% of par.

Citigroup Global Markets Inc. is the underwriter.

The notes will price on May 7.

The Cusip number is 17326YDF0.

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