Citigroup to price buffered jump securities linked to index basket

By Marisa Wong

Madison, Wis., Feb. 9 – Citigroup Inc. plans to price 0% buffered jump securities due Feb. 25, 2019 linked to an equally weighted basket of the Euro Stoxx 50 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the basket finishes above its initial level, the payout at maturity will be par of $10 plus the greater of the basket return and 19%. Investors will receive par if the basket declines by 10% or less and will lose 1% for every 1% that it declines beyond 10%.

Citigroup Global Markets Inc. is the underwriter. Distribution is through Morgan Stanley Wealth Management.

The notes are expected to price on Feb. 20.

The Cusip number is 17323B802.

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