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Citigroup plans Accelerated Return Notes tied to Euro Stoxx 50
By Marisa Wong
Madison, Wis., Dec. 31 - Citigroup Inc. plans to price 0% Accelerated Return Notes due July 9, 2015 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
If the index return is positive, the payout at maturity will be par plus 140% of the index return.
If the index finishes at or above the 90% barrier level, the payout will be par. If the index finishes below the barrier level, investors will have full downside exposure to the decline.
Citigroup Global Markets Inc. is the underwriter.
The notes will price on Jan. 3.
The Cusip number is 1730T0F46.
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