New Issue: Citigroup prices $7.16 million enhanced trigger jump securities linked to S&P 500

By Toni Weeks

San Luis Obispo, Calif., June 4 - Citigroup Inc. priced $7.16 million of 0% enhanced trigger jump securities due June 1, 2018 linked to the S&P 500 index, according to an FWP filing with the Securities and Exchange Commission.

If the final index level is greater than or equal to the trigger level, 65% of the initial level, the payout at maturity will be par of $10 plus the greater of the 11.65% fixed return amount and the index return.

If the final index level is less than the trigger level, investors will be fully exposed to the index's decline from the initial level.

Citigroup Global Markets Inc. is the underwriter.

Issuer:	Citigroup Inc.
Issue:	Enhanced trigger jump securities
Underlying index:	S&P 500
Amount:	$7.16 million
Maturity:	June 1, 2018
Coupon:	0%
Price:	Par
Payout at maturity:	If final index level is greater than or equal to 65% trigger level, par plus greater of 11.65% and index return; otherwise, full exposure to index's decline from initial level
Initial index level:	1,630.74
Trigger level:	1,059.981, 65% of initial level
Pricing date:	May 31
Settlement date:	June 5
Agent:	Citigroup Global Markets Inc.
Fees:	3%
Cusip:	173095597

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