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Published on 12/31/2014 in the Prospect News Structured Products Daily.

New Issue: Citi prices $542,400 trigger return optimization notes on Euro Stoxx 50

By Susanna Moon

Chicago, Dec. 31 – Citigroup Inc. priced $542,400 of 0% trigger return optimization securities due Dec. 29, 2017 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 of $10 plus double any index gain, up to a maximum return of 63%.

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.

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

Issuer:Citigroup Inc.
Issue:Trigger return optimization securities
Underlying index:Euro Stoxx 50
Amount:$542,400
Maturity:Dec. 29, 2017
Coupon:0%
Price:Par
Payout at maturity:Par plus 200% of any index gain, capped at 63%; par if index falls by up to 25%; full exposure to any losses if index finishes below trigger level
Initial index level:3,185.17
Trigger level:2,388.88, 75% of initial price
Pricing date:Dec. 29
Settlement date:Dec. 31
Underwriters:UBS Financial Services Inc. and Citigroup Global Markets Inc.
Fees:2.5%
Cusip:17322X649

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