Citigroup plans notes with minimum payout linked to Euro Stoxx 50

By Angela McDaniels

Tacoma, Wash., May 7 – Citigroup Global Markets Holdings Inc. plans to price 0% market-linked notes due June 2, 2022 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 index level, the payout at maturity will be par plus at least 115% of the index return. The exact upside participation rate will be set at pricing.

If the final index level is less than the initial index level, investors will be exposed to the decline, subject to a minimum payout of $950 per $1,000 principal amount of notes.

Citigroup Global Markets Inc. is the agent.

The notes will price May 28.

The Cusip number is 17326Y5W2.

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