By Susanna Moon
Chicago, May 3 - Citigroup Inc. priced $6.89 million of 0% jump securities due May 5, 2015 linked to the iShares Dow Jones US Real Estate index fund, according to an FWP filing with the Securities and Exchange Commission.
If the index finishes at or above the initial level, the payout at maturity will be par of $10 plus the fixed return amount of $2.15 per note.
Otherwise, investors will be fully exposed to any losses.
Citigroup Global Markets Inc. is the underwriter.
| Issuer: | Citigroup Inc.
|
| Issue: | Jump securities
|
| Underlying fund: | iShares Dow Jones US Real Estate index fund
|
| Amount: | $6.89 million
|
| Maturity: | May 5, 2015
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | If index gains, par plus 21.5%; exposure to any losses
|
| Initial level: | $73.46
|
| Pricing date: | April 30
|
| Settlement date: | May 3
|
| Agent: | Citigroup Global Markets Inc.
|
| Fees: | 2.25%
|
| Cusip: | 173095571
|
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