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Published on 4/4/2016 in the Prospect News Structured Products Daily.

Citigroup to price market-linked notes due 2023 tied to three indexes

By Wendy Van Sickle

Columbus, Ohio, April 4 – Citigroup Global Markets Holdings Inc. plans to price 0% market-linked notes due November 2023 based on an equally weighted basket of the S&P 500 index, the Euro Stoxx 50 index and the Topix index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Citigroup Inc.

The payout at maturity will be par plus any basket gain, up to a maximum return of at least 135% that will be set at pricing.

If the basket falls, the payout will be par.

Citigroup Global Markets Inc. is the underwriter.

The notes will price on April 29.

The Cusip number is 17324P156.


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