Citigroup to price barrier securities linked to MSCI EAFE

By Marisa Wong

Madison, Wis., Oct. 31 - Citigroup Inc. plans to price 0% barrier securities due Nov. 27, 2017 linked to the MSCI EAFE index, according to a 424B2 filing with the Securities and Exchange Commission.

If the final index level is greater than or equal to the initial index level, the payout at maturity will be par plus 110% to 115% of the index return. If the final index level is less than the initial index level but greater than or equal to the 80% barrier level, the payout will be par. If the final index level is less than the barrier level, investors will lose 1% for every 1% that the final index level is less than the initial index level.

The exact leverage factor will be set at pricing.

Citigroup Global Markets Inc. is the underwriter.

The notes are expected to price Nov. 21.

The Cusip number is 1730T0B40.

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