Citigroup plans six-year trigger PLUS with no cap tied to Euro Stoxx 50

By Susanna Moon

Chicago, June 1 – Citigroup Global Markets Holdings Inc. plans to price 0% trigger Performance Leveraged Upside Securities due July 6, 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.

The payout at maturity will be par of $10 plus 170% of any index gain.

If the index falls by up to the 65% trigger level, the payout will be par.

Otherwise, investors will be fully exposed to any losses.

Citigroup Global Markets Inc. is the underwriter. Morgan Stanley Wealth Management is a dealer.

The notes will price on June 30.

The Cusip number is 17324P305.

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