Citigroup to price market-linked notes due 2021 tied to index basket

By Sarah Lizee

Olympia, Wash., Nov. 8 – Citigroup Global Markets Holdings Inc. plans to price 0% market-linked notes due Nov. 15, 2021 linked to a basket of three indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Citigroup Inc.

The basket consists of the S&P 500 index with a 50% weight, the Nasdaq-100 index with a 35% weight and the Russell 2000 index with a 15% weight.

The payout at maturity will be par plus any basket gain, capped at par plus 20%. If the basket falls, the payout will be par.

Citigroup Global Markets Inc. is the underwriter.

The notes will price on Nov. 9 and settle on Nov. 15.

The Cusip number is 17326YYM2.

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