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Published on 4/29/2013 in the Prospect News Structured Products Daily.

New Issue: Citigroup prices $6.08 million trigger performance notes linked to S&P 500

By Angela McDaniels

Tacoma, Wash., April 29 - Citigroup Inc. priced $6.08 million of 0% trigger performance securities due April 30, 2018 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus 110.75% of any index gain. Investors will receive par if the index falls by up to 50% and will be fully exposed to the index's decline from the initial level if it falls by more than 50%.

Citigroup Global Markets Inc. is the underwriter, and UBS Financial Services Inc. is agent.

Issuer:Citigroup Inc.
Issue:Trigger performance securities
Underlying index:S&P 500
Amount:$6,078,640
Maturity:April 30, 2018
Coupon:0%
Price:Par of $10
Payout at maturity:Par plus 110.75% of any index gain; par if index falls by 50% or less; full exposure to losses if index finishes below trigger level
Initial index level:1,585.16
Trigger level:792.58, 50% of initial level
Pricing date:April 25
Settlement date:April 30
Underwriter:Citigroup Global Markets Inc.
Agent:UBS Financial Services Inc.
Fees:3.5%
Cusip:173095720

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