New Issue: Citigroup prices $10.57 million contingent return optimization notes tied to Russell 2000

By Susanna Moon

Chicago, Aug. 28 – Citigroup Inc. priced $10.57 million of 0% contingent return optimization securities due Aug. 31, 2017 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index finishes at or above the trigger level, 75% of the initial index level, the payout at maturity will be par of $10 plus the greater of the 6% contingent return and any gain up to a maximum return of 39.17%.

Otherwise, investors will be fully exposed to any losses.

Citigroup Global Markets Inc. is the underwriter with UBS Financial Services Inc. as dealer.

Issuer:	Citigroup Inc.
Issue:	Contingent return optimization securities
Underlying index:	Russell 2000
Amount:	$10,569,150
Maturity:	Aug. 31, 2017
Coupon:	0%
Price:	Par of $10
Payout at maturity:	If index finishes at or above trigger level, par plus greater of 6% and any gain capped at 39.17%; otherwise, full exposure to any losses
Initial level:	1,175.17
Trigger level:	881.378, 75% of initial price
Pricing date:	Aug. 26
Settlement date:	Aug. 29
Underwriter:	Citigroup Global Markets Inc. with UBS Financial Services Inc. as dealer
Fees:	2.5%
Cusip:	17322H362

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