New Issue: Citigroup prices $3 million buffer notes linked to Dow

By Angela McDaniels

Tacoma, Wash., Aug. 27 – Citigroup Inc. priced $3 million of 0% buffer securities due Aug. 29, 2019 linked to the Dow Jones industrial average, according to a 424B2 filing with the Securities and Exchange Commission.

If the final index level is greater than the initial index level, the payout at maturity will be par plus the index return, subject to a maximum return of 55%. Investors will receive par if the index declines by 20% or less and will lose 1% for every 1% that it declines beyond 20%.

Citigroup Global Markets Inc. is the underwriter.

Issuer:	Citigroup Inc.
Issue:	Buffer securities
Underlying index:	Dow Jones industrial average
Amount:	$3,003,000
Maturity:	Aug. 29, 2019
Coupon:	0%
Price:	Par
Payout at maturity:	If final index level is greater than initial index level, par plus index return, subject to 55% maximum return; par if index declines by 20% or less; 1% loss for every 1% that index declines beyond 20%
Initial index level:	17,076.87
Pricing date:	Aug. 25
Settlement date:	Aug. 28
Underwriter:	Citigroup Global Markets Inc.
Fees:	3%
Cusip:	1730T0V63

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