New Issue: Citigroup sells $3.4 million airbag return notes linked to Euro Stoxx 50

By Susanna Moon

Chicago, Jan. 31 - Citigroup Inc. priced $3.4 million of 0% airbag return optimization securities due Jan. 31, 2017 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 150% of any index gain, up to a maximum return of 60%.

Investors will receive par if the index falls by up to 15% and will lose 1.1765% per 1% decline beyond 15%.

Citigroup Global Markets Inc. is the lead agent, with UBS Financial Services Inc. as agent.

Issuer:	Citigroup Inc.
Issue:	Airbag return optimization securities
Underlying index:	Euro Stoxx 50 index
Amount:	$3,402,000
Maturity:	Jan. 31, 2017
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 150% of any index gain, capped at 60%; par if index falls by up to 15% and 1.1765% loss per 1% decline beyond 15%
Initial level:	3,011.45
Trigger level:	85% of initial level
Pricing date:	Jan. 29
Settlement date:	Jan. 31
Agents:	Citigroup Global Markets Inc. (lead) and UBS Financial Services Inc.
Fees:	None
Cusip:	17321F342

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