Citigroup plans 0.5% market-linked notes tied to fund, two indexes

By Susanna Moon

Chicago, Dec. 6 – Citigroup Global Markets Holdings Inc. plans to price 0.5% market-linked notes due June 27, 2022 linked to a basket of two indexes and one exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

Interest is payable semiannually.

The underlying components are the S&P 500 index, the Euro Stoxx 50 index and the iShares Core U.S. Aggregate Bond exchange-traded fund, about equally weighted.

The payout at maturity will be par plus 100% to 110% of any basket gain, with the exact participation rate to 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 Dec. 22.

The Cusip number is 17324CD29.

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