Citigroup aims to price market-linked notes tied to two indexes, fund

By Devika Patel

Knoxville, Tenn., July 9 – Citigroup Global Markets Holdings Inc. plans to price 0% market-linked notes due July 29, 2021 linked to an equally weighted basket of two indexes and one exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be guaranteed by Citigroup Inc.

The underlying components are the S&P 500 index, the Euro Stoxx 50 index and the iShares MSCI Emerging Markets exchange-traded fund, each with a 33.33% weight each.

The payout at maturity will be par plus 100% to 110% of any basket gain, plus the coupon.

If the basket falls, the payout will be par plus the coupon.

Citigroup Global Markets Inc. is the agent.

The notes (Cusip: 17324CWX0) are expected to price on July 26 and settle three business days after pricing.

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