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Published on 11/12/2014 in the Prospect News Structured Products Daily.

New Issue: Citigroup prices $6.17 million trigger PLUS linked to Euro Stoxx 50

By Jennifer Chiou

New York, Nov. 12 – Citigroup Inc. priced $6,165,600 of 0% trigger Performance Leveraged Upside Securities due Nov. 13, 2017 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par of $10 plus 400% of the index return, subject to a maximum return of 40.25%.

Investors will receive par if the index declines by 20% or less and will be fully exposed to the index’s decline from its initial level if it falls by more than 20%.

Citigroup Global Markets Inc. is the agent. Morgan Stanley Wealth Management is a dealer.

Issuer:Citigroup Inc.
Issue:Trigger Performance Leveraged Upside Securities
Underlying index:Euro Stoxx 50
Amount:$6,165,600
Maturity:Nov. 13, 2017
Coupon:0%
Price:Par of $10
Payout at maturity:If index return is positive, par plus 400% of index return, subject to 40.25% maximum return; par if final index level is less than or equal to initial level but greater than or equal to trigger level; full exposure to index’s decline from initial level if final level is less than trigger level
Initial index level:3,064.92
Trigger level:2,451.936, 80% of the initial price
Pricing date:Nov. 7
Settlement date:Nov. 13
Agent:Citigroup Global Markets Inc.
Dealer:Morgan Stanley Wealth Management
Fees:3%
Cusip:17322X771

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