Citigroup plans to price market-linked notes linked to Russell 2000

By Toni Weeks

San Luis Obispo, Calif., Jan. 6 – Citigroup Inc. plans to price 0% market-linked notes due Feb. 1, 2022 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is greater than zero, the payout at maturity will be par plus the return, subject to a maximum return of 45% to 50% that will be set at pricing. If the index return is less than or equal to zero, the payout will be par.

Citigroup Global Markets Inc. is the agent.

The notes are expected to price Jan. 27 and settle three business days later.

The Cusip number is 1730T03V9.

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