Citigroup plans to price barrier securities linked to the Dow

By Marisa Wong

Madison, Wis., Nov. 27 - Citigroup Inc. plans to price 0% barrier securities due June 22, 2017 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 or equal to the initial index level, the payout at maturity will be par plus 100% to 105% of the index return, with the exact return factor to be set at pricing.

If the final index level is less than the initial index level but greater than or equal to the 80% barrier level, the payout will be par.

If the final index level is less than the barrier level, investors will lose 1% for every 1% that the final index level is less than the initial index level.

Citigroup Global Markets Inc. is the underwriter.

The notes will price on Dec. 17.

The Cusip number is 1730T0D48.

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