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Published on 4/7/2015 in the Prospect News Structured Products Daily.

New Issue: Citigroup prices $12.72 million market-linked notes on Euro Stoxx 50

By Toni Weeks

San Luis Obispo, Calif., April 7 – Citigroup Inc. priced $12.72 million of 0% market-linked notes due Jan. 7, 2019 linked to the Euro Stoxx 50 index, according to a 424B3 filing with the Securities and Exchange Commission.

If the index return is greater than zero, the payout at maturity will be par plus 175% of the return, subject to a maximum return of 40%. If the index falls by up to 20%, the payout will be par. If the index falls by more than 20%, investors will lose 1% for each 1% index decline beyond 20%.

Citigroup Global Markets Inc. is the agent. Wells Fargo Securities, LLC will handle distribution.

Issuer:Citigroup Inc.
Issue:Market-linked notes
Underlying index:Euro Stoxx 50
Amount:$12,717,000
Maturity:Jan. 7, 2019
Coupon:0%
Price:Par
Payout at maturity:If index return is positive, par plus 1.75 times index return, return capped at 40%; par if index falls by up to 20%; exposure to any losses beyond 20% buffer
Initial index level:3,697.38
Pricing date:March 31
Settlement date:April 6
Agent:Citigroup Global Markets Inc.
Dealer:Wells Fargo Securities, LLC
Fees:2.74%
Cusip:1730T06H7

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