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Published on 9/8/2015 in the Prospect News Structured Products Daily.

New Issue: Citigroup prices $1.17 million buffer securities tied to Euro Stoxx 50

By Marisa Wong

Morgantown, W.Va., Sept. 8 – Citigroup Inc. priced $1.17 million of 0% buffer securities due Aug. 31, 2018 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par plus triple the index gain, subject to a maximum return of 29%. Investors will receive par if the index falls by 10% or less and will lose 1% for every 1% that it declines beyond 10%.

Citigroup Global Markets Inc. is the underwriter.

Issuer:Citigroup Inc.
Issue:Buffer securities
Underlying index:Euro Stoxx 50
Amount:$1,169,000
Maturity:Aug. 31, 2018
Coupon:0%
Price:Par
Payout at maturity:If index return is positive, par plus triple index gain, capped at 29%; par if index falls by 10% or less; 1% loss for every 1% that index declines beyond 10%
Initial level:3,286.59
Pricing date:Aug. 28
Settlement date:Sept. 2
Underwriter:Citigroup Global Markets Inc.
Fees:2.25%
Cusip:17298CDD7

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