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Citi eyes market-linked notes on iStoxx Global Economic Growth Select
By Sarah Lizee
Olympia, Wash., June 14 – Citigroup Global Markets Holdings Inc. plans to price 0% market-linked notes due Jan. 3, 2023 tied to the iStoxx Global Economic Growth Select 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus 90% to 100% of any index gain.
If the index is finishes flat or declines, the payout will be par.
The notes are guaranteed by Citigroup Inc.
Citigroup Global Markets Holdings Inc. is the underwriter.
The notes will price on June 27.
The Cusip is 17326YWM4.
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