Citigroup plans market-linked notes tied to two indexes, two funds

By Susanna Moon

Chicago, June 27 – Citigroup Global Markets Holdings Inc. plans to price 0.75% market-linked notes due July 1, 2022 linked to a basket of two indexes and two exchange-traded funds, according to a 424B2 filing with the Securities and Exchange Commission.

Interest is payable semiannually.

The basket consists of the S&P 500 index with a 20% weight, the Euro Stoxx 50 index with a 20% weight, the iShares MSCI Emerging Markets ETF with a 20% weight and the iShares iBoxx $ High Yield Corporate Bond ETF with a 40% weight.

The payout at maturity will be par plus any basket gain, up to a maximum return of 30% to 35%.

If the basket falls, the payout will be par.

The notes are guaranteed by Citigroup Inc.

Citigroup Global Markets Inc. is the underwriter with Morgan Stanley Wealth Management as dealer.

The notes will price on June 28.

The Cusip number is 17324CKF2.

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