New Issue: Citigroup prices $2.84 million buffer securities linked to SP 500

By Angela McDaniels

Tacoma, Wash., Dec. 17 - Citigroup Inc. priced $2.84 million of 0% buffer securities due Sept. 21, 2015 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 index level, the payout at maturity will be par plus 150% of the index return, subject to a maximum return of 15.15%. If the index declines by 10% or less, the payout will be par. Otherwise, investors will lose 1% for every 1% that the index declines beyond 10%.

Citigroup Global Markets Inc. is the underwriter.

Issuer:	Citigroup Inc.
Issue:	Buffer securities
Underlying index:	S&P 500
Amount:	$2,836,000
Maturity:	Sept. 21, 2015
Coupon:	0%
Price:	Par
Payout at maturity:	If final index level is greater than initial index level, par plus 150% of index return, subject to 15.15% maximum return; par if index declines by 10% or less; 1% loss for every 1% that index declines beyond 10%
Initial index level:	1,786.54
Pricing date:	Dec. 16
Settlement date:	Dec. 19
Underwriter:	Citigroup Global Markets Inc.
Fees:	0.625%
Cusip:	1730T0E54

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