New Issue: Citigroup prices $1 million upturn notes linked to Euro Stoxx 50

By Toni Weeks

San Luis Obispo, Calif., June 26 – Citigroup Inc. priced $1 million of 0% upturn securities due Dec. 30, 2016 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the final index level is greater than the initial index level, the payout at maturity will be par plus 150% of the index return, subject to a maximum return of 21%. If the index return is negative, investors will be fully exposed to the decline.

Citigroup Global Markets Inc. is the underwriter.

Issuer:	Citigroup Inc.
Issue:	Upturn securities
Underlying index:	Euro Stoxx 50
Amount:	$1 million
Maturity:	Dec. 30, 2016
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 150% of any index gain, capped at 21%; full exposure to any losses
Initial index level:	3,610.91
Pricing date:	June 25
Settlement date:	June 29
Underwriter:	Citigroup Global Markets Inc.
Fees:	1.5%
Cusip:	17298CCA4

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