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Published on 1/29/2014 in the Prospect News Structured Products Daily.

New Issue: Citi prices $2.46 million Accelerated Return Notes linked to Euro Stoxx

By Toni Weeks

San Luis Obispo, Calif., Jan. 29 - Citigroup Inc. priced $2.46 million of 0% Accelerated Return Notes due Aug. 2, 2017 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par plus 149% of the index return. If the index declines by 25% or less, the payout will be par. If the index declines by more than 25%, investors will lose 1% for every 1% that the final index level is less than the initial index level.

Citigroup Global Markets Inc. is the underwriter.

Issuer:Citigroup Inc.
Issue:Accelerated Return Notes
Underlying index:Euro Stoxx 50
Amount:$2,464,000
Maturity:Aug. 2, 2017
Coupon:0%
Price:Par
Payout at maturity:If index return is positive, par plus 149% of index return; if index declines by 25% or less, par; full exposure to decline if index finishes below barrier level
Initial index level:3,038.6
Barrier level:2,278.95, 75% of initial level
Pricing date:Jan. 28
Settlement date:Jan. 31
Underwriter:Citigroup Global Markets Inc.
Fees:2.75%
Cusip:1730T0F61

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