Citigroup plans to sell 6%-7% contingent yield trigger autocalls on Russell, FTSE

By Susanna Moon

Chicago, Sept. 25 – Citigroup Global Markets Holdings Inc. plans to price trigger autocallable contingent yield notes due Sept. 29, 2028 linked to the worst performing of the Russell 2000 index and the FTSE 100 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes pay a contingent quarterly coupon at an annual rate of 6% to 7% if each index closes at or above its 70% coupon barrier on the observation date for that quarter.

The notes will be called at par if each index closes at or above its initial level on any review date after one year.

The payout at maturity will be par unless any underlying index finishes below its 50% downside threshold, in which case investors will lose 1% for each 1% decline of the worst performing index.

The notes are guaranteed by Citigroup Inc.

UBS Financial Services Inc. and Citigroup Global Markets Inc. are the agents.

The notes will price on Sept. 26.

The Cusip number is 17326X223.

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