By Susanna Moon
Chicago, May 13 – Citigroup Inc. priced $2.5 million of 0% capped return enhanced notes due May 26, 2016 linked to the Euro Stoxx 50 index, according to an FWP filing with the Securities and Exchange Commission.
The payout at maturity will be par plus triple any index gain, up to a maximum return of 19.65%.
Investors will be exposed to any losses.
Citigroup Global Markets Inc. is the underwriter.
| Issuer: | Citigroup Inc.
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| Issue: | Capped return enhanced notes
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| Underlying index: | Euro Stoxx 50
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| Amount: | $2.5 million
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| Maturity: | May 26, 2016
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | Par plus 300% of any index gain, capped at 19.65%; exposure to any losses
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| Initial level: | 3,624.41
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| Pricing date: | May 11
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| Settlement date: | May 14
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| Underwriter: | Citigroup Global Markets Inc.
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| Fees: | 1%
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| Cusip: | 17298CAY4
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