New Issue: Citigroup prices $1.01 million geared buffer notes linked to S&P 500

By Angela McDaniels

Tacoma, Wash., March 4 - Citigroup Inc. priced $1.01 million of 0% geared buffer securities due March 3, 2017 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 115% of the index return. Investors will receive par if the index declines by up to 20% and will lose 1.25% for every 1% that it declines beyond 20%.

Citigroup Global Markets Inc. is the underwriter.

Issuer:	Citigroup Inc.
Issue:	Geared buffer securities
Underlying index:	S&P 500
Amount:	$1,005,000
Maturity:	March 3, 2017
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 115% of index return if index return is positive; par if index declines by up to 20%; 1.25% loss for every 1% that index declines beyond 20%
Initial index level:	1,514.68
Pricing date:	Feb. 28
Settlement date:	March 5
Underwriter:	Citigroup Global Markets Inc.
Fees:	2%
Cusip:	1730T0RQ4

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