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Published on 12/2/2013 in the Prospect News Structured Products Daily.

New Issue: Citigroup prices $8.82 enhanced barrier digital plus notes linked to Euro Stoxx 50

By Angela McDaniels

Tacoma, Wash., Dec. 2 - Citigroup Inc. priced $8.82 million of 0% enhanced barrier digital plus securities due Nov. 30, 2018 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index finishes at or above the barrier level, 70% of the initial level, the payout at maturity will be par plus the greater of 17% and the index return.

If the index finishes below the barrier level, investors will be exposed to the decline from the initial index level.

Citigroup Global Markets Inc. is the agent.

Issuer:Citigroup Inc.
Issue:Enhanced barrier digital plus securities
Underlying index:Euro Stoxx 50
Amount:$8,823,000
Maturity:Nov. 30, 2018
Coupon:0%
Price:Par
Payout at maturity:If index finishes at or above barrier level, par plus greater of 17% and index return; if index finishes below barrier level, exposure to decline from initial index level
Initial index level:3,082.65
Barrier level:2,157.855, 70% of initial level
Pricing date:Nov. 27
Settlement date:Dec. 3
Agent:Citigroup Global Markets Inc.
Fees:3%
Cusip:1730T0C72

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