Citi plans 5.1% contingent coupon autocalls on Dow, Russell, Nasdaq

By Susanna Moon

Chicago, Sept. 25 – Citigroup Global Markets Holdings Inc. plans to price autocallable contingent coupon equity-linked securities due Oct. 2, 2023 linked to the least performing of the Russell 2000 index, the Dow Jones Industrial Average and the Nasdaq-100 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will pay a contingent monthly coupon at an annual rate of 5.1% if each index closes at or above its 70% coupon barrier on each day during that month.

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 index finishes below its 60% trigger level, in which case investors will be fully exposed to any losses of the worst performing index.

The notes are guaranteed by Citigroup Global Markets Inc.

Citigroup Global Markets Inc. is the agent.

The notes will price on Sept. 27.

The Cusip number is 17326YYT7.

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