New Issue: Citigroup prices $2.64 million PLUS due 2018 with 14% cap tied to S&P 500

By Wendy Van Sickle

Columbus, Ohio, Dec. 16 – Citigroup Global Markets Holdings Inc. priced $2.64 million of 0% Performance Leveraged Upside Securities due April 4, 2018 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be guaranteed by Citigroup Inc.

The payout at maturity will be par plus triple any index gain, up to a maximum return of 14%.

Investors will be exposed to any losses.

Citigroup Global Markets Inc. is the underwriter.

Issuer:	Citigroup Global Markets Holdings Inc.
Guarantor:	Citigroup Inc.
Issue:	Performance Leveraged Upside Securities
Underlying index:	S&P 500
Amount:	$2,635,070
Maturity:	April 4, 2018
Coupon:	0%
Price:	Par of $10
Payout at maturity:	If final index level is greater than initial index level, par plus 300% of index return, subject to 14% maximum return; full exposure to any loss
Initial index level:	2,253.28
Pricing date:	Dec. 14
Settlement date:	Dec. 19
Underwriter:	Citigroup Global Markets Inc.
Selected dealer:	Morgan Stanley Wealth Management
Fees:	2.25%
Cusip:	17324P487

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