New Issue: Citigroup prices $3.6 million barrier digital notes linked to Euro Stoxx 50

By Angela McDaniels

Tacoma, Wash., Nov. 4 – Citigroup Inc. priced $3.6 million of 0% barrier digital securities due Nov. 1, 2017 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 or equal to the initial index level, the payout at maturity will be par plus 21%. If the index level is less than the initial index level but greater than or equal to the barrier level, 80% of the initial index level, the payout at maturity will be par. Otherwise, investors will be fully exposed to the index’s decline from its initial level.

Citigroup Global Markets Inc. is the underwriter.

Issuer:	Citigroup Inc.
Issue:	Barrier digital securities
Underlying index:	Euro Stoxx 50
Amount:	$3,595,000
Maturity:	Nov. 1, 2017
Coupon:	0%
Price:	Par
Payout at maturity:	If final index level is greater than or equal to initial index level, be par plus 21%; if index level is less than initial index level but greater than or equal to barrier level, par; otherwise, full exposure to index’s decline from initial level
Initial level:	3,381.01
Barrier level:	2,704.808, 80% of initial level
Pricing date:	Oct. 27
Settlement date:	Oct. 30
Underwriter:	Citigroup Global Markets Inc.
Fees:	1%
Cusip:	17298C3M8

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