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Published on 12/30/2014 in the Prospect News Structured Products Daily.

New Issue: Citigroup prices $9.78 million PLUS due 2016 linked to S&P 500 index

By Jennifer Chiou

New York, Dec. 30 – Citigroup Inc. priced $9,775,050 of 0% Performance Leveraged Upside Securities due Jan. 4, 2016 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus triple any gain in the index, up to a maximum return of 12.85%.

Investors will be fully exposed to any decline in the index.

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

Issuer:Citigroup Inc.
Issue:Performance Leveraged Upside Securities
Underlying index:S&P 500
Amount:$9,775,050
Maturity:Jan. 4, 2016
Coupon:0%
Price:Par of $10
Payout at maturity:Par plus 300% of any index gain, capped at 12.85%; full exposure to losses
Initial level:2,082.17
Pricing date:Dec. 23
Settlement date:Dec. 29
Agent:Citigroup Global Markets Inc.
Dealer:Morgan Stanley Wealth Management
Fees:1.75%
Cusip:17322X326

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