New Issue: Citigroup prices $17.59 million buffered notes with cap tied to S&P 500

By Susanna Moon

Chicago, Dec. 10 – Citigroup Inc. priced $17.59 million of 0% autocallable buffered notes due Sept. 8, 2017 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be 150% of any index gain, up to a maximum settlement amount of $1,195.00 for each $1,000 principal amount of notes.

Investors will receive par if the index falls by up 12.5% and will lose 1.1429% for every 1% decline beyond 15%.

Citigroup Global Markets Inc. is the underwriter.

Issuer:	Citigroup Inc.
Issue:	Buffered notes
Underlying index:	S&P 500
Amount:	$17,593,000
Maturity:	Sept. 8, 2017
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 150% of any index gain, capped at 19.5%; par if index declines by 12.5% or less; 1.1429% loss per 1% drop beyond 12.5%
Initial level:	2,091.69
Pricing date:	Dec. 4
Settlement date:	Dec. 11
Agent:	Citigroup Global Markets Inc.
Fees:	None
Cusip:	17298C4R6

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