New Issue: Citigroup prices $1.52 million buffer securities linked to Russell 2000

By Toni Weeks

San Luis Obispo, Calif., May 12 – Citigroup Inc. priced $1.52 million of 0% buffer securities due Nov. 14, 2016 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 200% of any index gain, up to a maximum return of 12.5%. Investors will receive par if the index falls by up to 10% and will lose 1% for every 1% decline beyond 10%.

Citigroup Global Markets Inc. is the underwriter.

Issuer:	Citigroup Inc.
Issue:	Buffer securities
Underlying index:	Russell 2000
Amount:	$1,519,000
Maturity:	Nov. 14, 2016
Coupon:	0%
Price:	Par
Payout at maturity:	If final index level is greater than initial index level, par plus 200% of index return, capped at 12.5%; par if index declines by 10% or less; 1% loss for every 1% that index declines beyond 10%
Initial level:	1,234.928
Pricing date:	May 8
Settlement date:	May 13
Underwriter:	Citigroup Global Markets Inc.
Fees:	0.85%
Cusip:	17298CAN8

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