New Issue: Citigroup prices $859,000 enhanced barrier digital plus notes on EM ETF

By Marisa Wong

Morgantown, W.Va., Sept. 9 – Citigroup Inc. priced $859,000 of 0% enhanced barrier digital plus securities due Sept. 7, 2018 linked to the iShares MSCI Emerging Markets exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

If the final fund level is greater than or equal to the barrier level, 80% of the initial fund level, the payout at maturity will be par plus the greater of the fund return and 18.5%. Otherwise, investors will be fully exposed to the fund’s decline from its initial level.

Citigroup Global Markets Inc. is the underwriter.

Issuer:	Citigroup Inc.
Issue:	Enhanced barrier digital plus securities
Underlying fund:	iShares MSCI Emerging Markets ETF
Amount:	$859,000
Maturity:	Sept. 7, 2018
Coupon:	0%
Price:	Par
Payout at maturity:	If final fund level is greater than or equal to barrier level, par plus greater of fund return and 18.5%; otherwise, full exposure to fund’s decline from initial level
Initial level:	$33.13
Barrier level:	$26.504, 80% of initial level
Pricing date:	Sept. 3
Settlement date:	Sept. 9
Underwriter:	Citigroup Global Markets Inc.
Fees:	1.5%
Cusip:	17298CDR6

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