New Issue: Citigroup prices $4.8 million two-year upturn securities linked to Euro Stoxx 50

By Toni Weeks

San Luis Obispo, Calif., Dec. 18 – Citigroup Inc. priced $4.8 million of 0% upturn securities due Jan. 4, 2017 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the final index level is greater than the initial level, the payout at maturity will be par plus 140% of the index return, subject to a maximum return of 47%.

Investors will be fully exposed to any losses.

Citigroup Global Markets Inc. is the underwriter.

Issuer:	Citigroup Inc.
Issue:	Upturn securities
Underlying index:	Euro Stoxx 50
Amount:	$4,801,000
Maturity:	Jan. 4, 2017
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 140% of any index gain, capped at 47%; full exposure to any losses
Initial index level:	3,049.99
Pricing date:	Dec. 16
Settlement date:	Jan. 2
Underwriter:	Citigroup Global Markets Inc.
Fees:	2.5%
Cusip:	1730T03H0

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