By Jennifer Chiou
New York, Sept. 11 – Citigroup Inc. priced $2 million of 0% Accelerated Return Notes due Sept. 14, 2016 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus 200% of any index gain, capped at 44.5%.
Investors will be fully exposed to any losses.
Citigroup Global Markets Inc. is the underwriter.
| Issuer: | Citigroup Inc.
|
| Issue: | Accelerated Return Notes
|
| Underlying index: | Euro Stoxx 50
|
| Amount: | $2 million
|
| Maturity: | Sept. 14, 2016
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 200% of any index gain, capped at 44.5%; full exposure to losses
|
| Initial index level: | 3,245.43
|
| Pricing date: | Sept. 9
|
| Settlement date: | Sept. 12
|
| Underwriter: | Citigroup Global Markets Inc.
|
| Fees: | 2%
|
| Cusip: | 1730T0Y60
|
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