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Published on 7/2/2014 in the Prospect News Structured Products Daily.

New Issue: Citi prices $2.88 million geared buffer notes linked to Euro Stoxx 50

By Angela McDaniels

Tacoma, Wash., July 2 – Citigroup Inc. priced $2.88 million of 0% geared buffer securities due July 6, 2018 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 the initial level, the payout at maturity will be par plus 132% of the index return. Investors will receive par if the index declines by up to 20% and will lose 1.25% for every 1% that it declines beyond 20%.

Citigroup Global Markets Inc. is the underwriter.

Issuer:Citigroup Inc.
Issue:Geared buffer securities
Underlying index:Euro Stoxx 50
Amount:$2,877,000
Maturity:July 6, 2018
Coupon:0%
Price:Par
Payout at maturity:Par plus 132% of index return if index return is positive; par if index declines by up to 20%; 1.25% loss for every 1% that index declines beyond 20%
Initial index level:3,228.24
Pricing date:June 30
Settlement date:July 3
Underwriter:Citigroup Global Markets Inc.
Fees:2%
Cusip:1730T0S83

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