New Issue: Citigroup prices $1.99 million upturn notes tied to Alerian MLP ETF

By Marisa Wong

Morgantown, W.Va., Jan. 4 – Citigroup Inc. priced $1.99 million of 0% upturn securities due Jan. 11, 2017 linked to the Alerian MLP exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

If the final fund share price is greater than the initial price, the payout at maturity will be par plus 400% of the fund return, subject to a maximum return of 44%. If the fund 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 ETF:	Alerian MLP ETF
Amount:	$1,985,000
Maturity:	Jan. 11, 2017
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 400% of any fund gain, capped at 44%; full exposure to any losses
Initial price:	$11.99
Pricing date:	Dec. 23
Settlement date:	Dec. 29
Underwriter:	Citigroup Global Markets Inc.
Fees:	0.75%
Cusip:	17298C5H7

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