New Issue: Citigroup prices $1.58 million buffer securities linked to the Dow

By Marisa Wong

Madison, Wis., June 2 – Citigroup Inc. priced $1.58 million of 0% buffer securities due June 1, 2020 linked to the Dow Jones industrial average, according to a 424B2 filing with the Securities and Exchange Commission.

If the final index level is greater than the initial index level, the payout at maturity will be par plus the index return. Investors will receive par if the index declines by 11% or less and will lose 1% for every 1% that it declines beyond the buffer.

Citigroup Global Markets Inc. is the underwriter.

Issuer:	Citigroup Inc.
Issue:	Buffer securities
Underlying index:	Dow Jones industrial average
Amount:	$1,579,000
Maturity:	June 1, 2020
Coupon:	0%
Price:	Par
Payout at maturity:	If final index level is greater than initial index level, par plus index return; par if index declines by 11% or less; 1% loss for every 1% that index declines beyond 11%
Initial index level:	18,162.99
Buffer amount:	11%
Pricing date:	May 27
Settlement date:	June 1
Underwriter:	Citigroup Global Markets Inc.
Fees:	3%
Cusip:	17298CAJ7

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