Citi to price market-linked notes due 2024 linked to index basket

By Sarah Lizee

Olympia, Wash., Nov. 25 – Citigroup Global Markets Holdings Inc. plans to price 0% market-linked notes due Dec. 2, 2024 linked to an equally weighted basket composed of the S&P 500 index and the iStoxx Europe Economic Growth Select 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Citigroup Inc.

The payout at maturity will be par plus at least 100% of any basket gain. If the basket finishes flat or falls, the payout will be par.

Citigroup Global Markets Inc. is the underwriter.

The notes will price on Nov. 26.

The Cusip number is 17327TET9.

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