Citi plans floating-rate trigger callable contingent yield notes on indexes

Chicago, Feb. 8– Citigroup Global Markets Holdings Inc. plans to price floating-rate trigger callable contingent yield notes due Feb. 28, 2029 linked to the least performing of the S&P 500 index, the Nasdaq-100 index and the MSCI Emerging Markets index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will pay a contingent quarterly coupon at a floating coupon rate if each index closes at or above its 50% coupon barrier on the valuation date for that quarter.

The floating contingent coupon rate will be Libor plus a spread of between 380 basis points and 400 bps, subject to a minimum interest rate of 0% per year.

The notes are callable at par on any quarterly coupon date after one year.

The payout at maturity will be par unless any index finishes below its 50% downside threshold, in which case investors will lose 1% for each 1% decline of the worst performing index.

The notes are guaranteed by Citigroup Inc.

UBS Financial Services Inc. and Citigroup Global Markets Inc. are the agents.

The notes will price on Feb. 26.

The Cusip number is 17326W886.

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