New Issue: Citigroup prices $766,000 geared buffer securities linked to S&P 500

By Angela McDaniels

Tacoma, Wash., Oct. 2 - Citigroup Inc. priced $766,000 of 0% geared buffer securities due Oct. 5, 2016 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the final index level is greater than the initial level, the payout at maturity will be par plus 119.75% of the index return. Investors will receive par if the index declines by up to 10% and will lose 1.1111% for every 1% that it declines beyond 10%.

Citigroup Global Markets Inc. is the underwriter.

Issuer:	Citigroup Inc.
Issue:	Geared buffer securities
Underlying index:	S&P 500
Amount:	$766,000
Maturity:	Oct. 5, 2016
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 119.75% of index return if index return is positive; par if index declines by up to 10%; 1.1111% loss for every 1% that index declines beyond 10%
Initial index level:	1,681.55
Pricing date:	Sept. 30
Settlement date:	Oct. 3
Underwriter:	Citigroup Global Markets Inc.
Fees:	0.5%
Cusip:	1730T0VJ5

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