Citigroup to price buffered digital securities linked to Stoxx

By Sarah Lizee

Olympia, Wash., July 11 – Citigroup Global Markets Holdings Inc. plans to price 0% buffered digital securities due in 25 to 28 months 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 index finishes at or above its initial level or falls by up to 15%, the payout at maturity will be par plus the fixed return, which is expected to be $1,148.10 to $1,173.80 per $1,000 of notes. Otherwise, investors will lose 1.1765% for every 1% that the index declines beyond 15%.

Citigroup Global Markets Inc. is the agent.

The Cusip number is 17327TKB1.

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