New Issue: Citigroup prices $2.33 million three-year trigger PLUS linked to stock basket

By Susanna Moon

Chicago, May 3 - Citigroup Inc. priced $2.33 million of 0% trigger Performance Leveraged Upside Securities due May 4, 2016 linked to a basket of 10 equally weighted stocks, according to a 424B2 filing with the Securities and Exchange Commission.

The underlying companies are LyondellBasell Industries NV, CF Industries Holdings, Inc., Schlumberger NV, EOG Resources, Inc., Hess Corp., Marathon Petroleum Corp., Occidental Petroleum Corp., Phillips 66, Valero Energy Corp. and Halliburton Co.

The payout at maturity will be par of $10 plus any 1.5 times any basket gain, up to a maximum return of $14.10 per note.

Investors will receive par if the basket falls by up to 25% and will be fully exposed to any losses if it drops below the 75% trigger.

Citigroup Global Markets Inc. is the agent.

Issuer:	Citigroup Inc.
Issue:	Trigger Performance Leveraged Upside Securities
Underlying basket:	LyondellBasell Industries NV, CF Industries Holdings, Inc., Schlumberger NV, EOG Resources, Inc., Hess Corp., Marathon Petroleum Corp., Occidental Petroleum Corp., Phillips 66, Valero Energy Corp. and Halliburton Co., equally weighted
Amount:	$2,331,000
Maturity:	May 4, 2016
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus 150% of any basket gain, capped at 41%; par if basket falls by 25% or less; full exposure to losses if index drops below trigger
Trigger level:	75% of initial level
Pricing date:	April 30
Settlement date:	May 3
Agent:	Citigroup Global Markets Inc.
Fees:	3%
Cusip:	173095639

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