New Issue: Citigroup prices $735,000 barrier securities linked to S&P 500 index

By Marisa Wong

Madison, Wis., Jan. 30 - Citigroup Inc. priced $735,000 of 0% barrier securities due Feb. 1, 2018 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index finishes at or above the initial level, the payout at maturity will be par plus the index return.

Investors will receive par if the index falls by up to 30% and will be fully exposed to losses from the initial level if the index declines by more than 30%.

Citigroup Global Markets Inc. is the underwriter.

Issuer:	Citigroup Inc.
Issue:	Barrier securities
Underlying index:	S&P 500
Amount:	$735,000
Maturity:	Feb. 1, 2018
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus any index gain; par if index falls by up to 30%; full exposure to losses from initial level if index declines by more than 30%
Initial level:	1,792.50
Barrier level:	1,254.75, 70% of initial level
Pricing date:	Jan. 28
Settlement date:	Jan. 31
Agent:	Citigroup Global Markets Inc.
Fees:	2.5%
Cusip:	1730T0G37

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