New Issue: Citigroup prices $8.59 million buffered PLUS tied to S&P 500

By Marisa Wong

Madison, Wis., Oct. 2 - Citigroup Inc. priced $8.59 million of 0% buffered Performance Leveraged Upside Securities due April 4, 2016 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 200% of any index gain, up to a maximum return of 19.35%.

Investors will receive par if the index falls by up to 10% and will lose 1% for every 1% decline beyond 10%.

Citigroup Global Markets Inc. is the agent.

Issuer:	Citigroup Inc.
Issue:	Buffered Performance Leveraged Upside Securities
Underlying index:	S&P 500
Amount:	$8,585,000
Maturity:	April 4, 2016
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus 200% of any index gain, return capped at 19.35%; par if index falls by up to 10%; 1% loss for every 1% decline beyond 10%
Initial level:	1,681.55
Pricing date:	Sept. 30
Settlement date:	Oct. 3
Agent:	Citigroup Global Markets Inc.
Fees:	2.25%
Cusip:	17321F508

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