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Published on 9/30/2014 in the Prospect News Structured Products Daily.

New Issue: Citigroup prices $3.22 million trigger return optimization notes on Euro Stoxx 50

By Susanna Moon

Chicago, Sept. 30 – Citigroup Inc. priced $3.22 million of 0% trigger return optimization securities due Sept. 29, 2017 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index finishes above the initial level, the payout at maturity will be par of $10 plus double the return, up to a maximum return of 51%.

If the index falls by up to the trigger level, 75% of the initial level, the payout will be par.

Otherwise, investors will be fully exposed to any losses.

Citigroup Global Markets Inc. and UBS Financial Services Inc. are the agents.

Issuer:Citigroup Inc.
Issue:Trigger return optimization securities
Underlying index:Euro Stoxx 50
Amount:$3,219,000
Maturity:Sept. 29, 2017
Coupon:0%
Price:Par of $10
Payout at maturity:Par plus double any index gain, capped at 51%; par if index falls by up to trigger level; otherwise, full exposure to any losses
Initial level:3,219.58
Trigger level:2,414.69, 75% of initial level
Pricing date:Sept. 26
Settlement date:Sept. 30
Agents:Citigroup Global Markets Inc., UBS Financial Services Inc.
Fees:None
Cusip:17322H156

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