Citigroup plans upturn securities tied to financial, e-commerce stocks

By Marisa Wong

Morgantown, W.Va., Feb. 3 – Citigroup Global Markets Holdings Inc. plans to price 0% upturn securities due Aug. 9, 2018 linked to an equally weighted basket of 10 stocks, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be guaranteed by Citigroup Inc.

The basket stocks are PayPal Holdings, Inc., VeriFone Systems, Inc., Fidelity National Information Services, Inc., Capital One Financial Corp., Discover Financial Services, Visa Inc., FleetCor Technologies, Inc., Blackhawk Network Holdings, Inc., Amazon.com, Inc. and Alibaba Group Holding Ltd.

If the final basket level is greater than the initial basket level, the payout at maturity will be par plus 200% of the basket return, subject to a maximum return of 17.5%. If the final basket level is less than the initial basket level, investors will be fully exposed to the decline.

The initial share price of each stock will be its closing share price on Feb. 1.

Citigroup Global Markets Inc. is the underwriter.

The notes are expected to price on Feb. 6.

The Cusip number is 17324CEY8.

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