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Published on 5/30/2013 in the Prospect News Structured Products Daily.

New Issue: Citigroup prices $6.1 million buffered digital plus securities linked to Euro Stoxx 50

By Toni Weeks

San Luis Obispo, Calif., May 30 - Citigroup Inc. priced $6.1 million of 0% buffered digital plus securities due May 30, 2017 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the final index level is greater than or equal to the initial level, the payout at maturity will be par plus the greater of the 36% fixed return amount and the index return.

Investors will receive par if the index falls by up to 10% and will be exposed to any losses beyond the 10% buffer.

Citigroup Global Markets Inc. is the underwriter.

Issuer:Citigroup Inc.
Issue:Buffered digital plus securities
Underlying index:Euro Stoxx 50
Amount:$6,098,000
Maturity:May 30, 2017
Coupon:0%
Price:Par
Payout at maturity:If final index level is greater than or equal to initial level, par plus greater of 36% and index return; par if index declines by 10% or less; 1% loss for every 1% that index declines beyond 10%
Initial index level:2,764.29
Pricing date:May 24
Settlement date:May 30
Underwriter:Citigroup Global Markets Inc.
Fees:3%
Cusip:1730T0TB5

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