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Published on 7/17/2019 in the Prospect News Structured Products Daily.

Citi to price 13- to 15-month notes linked to equity index basket

By Sarah Lizee

Olympia, Wash., July 17 – Citigroup Global Markets Holdings Inc. plans to price 0% notes due in 13 to 15 months linked to a basket of unequally weighted indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Citigroup Inc.

The basket consists of the Euro Stoxx 50 index with a 36% weight, the Topix index with a 27% weight, the FTSE 100 index with a 19% weight, the Swiss Market index with a 10% weight and the S&P/ASX 200 index with an 8% weight.

The payout at maturity will be par plus 300% of any basket gain, capped at $1,252.90 to $1,296.70 per $1,000 of notes.

Investors will lose 1% for each 1% decline.

Citigroup Global Markets Inc. is the agent.

The Cusip is 17327TWE2.


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