New Issue: Citi prices $1.45 million Accelerated Return Notes on Euro Stoxx 50

By Jennifer Chiou

New York, Sept. 30 – Citigroup Inc. priced $1,445,000 of 0% Accelerated Return Notes due March 29, 2018 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 151% of any index gain.

Investors will receive par for losses up to 25% and will be fully exposed to any losses if the index declines beyond the barrier level.

Citigroup Global Markets Inc. is the underwriter.

Issuer:	Citigroup Inc.
Issue:	Accelerated Return Notes
Underlying index:	Euro Stoxx 50
Amount:	$1,445,000
Maturity:	March 29, 2018
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 151% of any index gain; par for losses up to 25%; full exposure to losses if index declines beyond the barrier level
Initial index level:	3,202.31
Barrier level:	2,401.733, 75% of initial level
Pricing date:	Sept. 25
Settlement date:	Sept. 30
Underwriter:	Citigroup Global Markets Inc.
Fees:	2.75%
Cusip:	1730T0X79

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.