Citigroup plans notes linked to S&P 500, Euro Stoxx 50, Nikkei 225

By Angela McDaniels

Tacoma, Wash., May 16 – Citigroup Global Markets Holdings Inc. plans to price 0% market-linked notes due May 20, 2022 linked to a basket consisting of the S&P 500 index with a 60% weight, the Euro Stoxx 50 index with a 20% weight and the Nikkei 225 index with a 20% weight, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be guaranteed by Citigroup Inc.

If the basket return is positive, the payout at maturity will be par plus 150% of the basket return, subject to a maximum payout that is expected to be at least $1,300 per $1,000 principal amount of notes and will be set at pricing.

If the basket return is less than or equal to zero, investors will be exposed to the decline, subject to a minimum payout of $900 per $1,000 principal amount of notes.

Citigroup Global Markets Inc. is the agent.

The notes will price May 17.

The Cusip number is 17326YX43.

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