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Citi to price 16- to 19-month notes linked to equity index basket
By Sarah Lizee
Olympia, Wash., July 17 – Citigroup Global Markets Holdings Inc. plans to price 0% notes due in 16 to 19 months linked to a basket of unequally weighted indexes, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by Citigroup Inc.
The basket consists of the Euro Stoxx 50 index with a 36% weight, the Topix index with a 27% weight, the FTSE 100 index with a 19% weight, the Swiss Market index with a 10% weight and the S&P/ASX 200 index with an 8% weight.
The payout at maturity will be par plus 300% of any basket gain, capped at $1,435.90 to $1,511.50 per $1,000 of notes.
Investors will lose 1% for each 1% decline.
Citigroup Global Markets Inc. is the agent.
The Cusip is 17327TWE2.
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