New Issue: Citigroup prices $13.06 million buffer securities due 2017 on Stoxx 50

By Wendy Van Sickle

Columbus, Ohio, Jan. 11 – Citigroup Inc. priced $13.06 million of 0% buffer securities due July 12, 2017 linked to the Euro Stoxx 50 index, according to a 424B2 filed with the Securities and Exchange Commission.

The payout at maturity will be par plus two times any index gain up to a maximum settlement amount of $1,258 for each $1,000 principal amount of notes.

Investors will receive par if the index falls by up to the 10% buffer and will lose 1.1111% for every 1% decline beyond the buffer.

Citigroup Global Markets Inc. is the underwriter.

Issuer:	Citigroup Inc.
Issue:	Buffer securities
Underlying index:	Euro Stoxx 50
Amount:	$13,063,000
Maturity:	July 12, 2017
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus two times any index, up to maximum of $1,258 for each $1,000 principal; par if index falls by up to 10%; 1.111% loss for each 1% decline beyond 10%
Initial level:	3,084.68
Buffer level:	2,776.212, 90% of the initial level
Pricing date:	Jan. 7
Settlement date:	Jan. 14
Underwriter:	Citigroup Global Markets Inc.
Fees:	1.11%
Cusip:	17298C5G9

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