Citigroup to price PLUS due 2019 tied to basket of indexes and funds

By Sarah Lizee

Olympia, Wash., Oct. 12 – Citigroup Global Markets Holdings Inc. plans to price 0% Performance Leveraged Upside Securities due Nov. 21, 2019 linked to a basket of indexes and funds, according to a 424B2 filed with the Securities and Exchange Commission.

The basket consists of the S&P 500 index with a 40% weight, and the Euro Stoxx 50 index, the Russell 2000 index, the WisdomTree Japan Hedged Equity Fund, the Energy Select Sector SPDR Fund and the Financial Select Sector SPDR Fund, each with a 12% weight.

The payout at maturity will be par plus triple any basket gain, up to a maximum payment of par plus 11.5%.

Investors will be exposed to any losses.

The notes are guaranteed by Citigroup Inc.

Citigroup Global Markets Inc. is the agent. Morgan Stanley Wealth Management is handling distribution.

The notes will price on Oct. 16 and settle three business days later.

The Cusip number is 17326X553.

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