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Citigroup to sell market-linked notes on iStoxx Europe Economic Growth
By Wendy Van Sickle
Columbus, Ohio, May 31 – Citigroup Global Markets Holdings Inc. plans to price 0% market-linked notes due Dec. 5, 2019 linked to the iStoxx Europe Economic Growth Select 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by Citigroup Inc.
The payout at maturity will be par plus any index gain, subject to a maximum return of at least 40%. If the index falls, the payout will be par plus the index return, subject to a floor of 95% of par.
Citigroup Global Markets Inc. is the underwriter.
The notes will price on June 5.
The Cusip number is 17324CVL7.
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