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Published on 1/30/2015 in the Prospect News Structured Products Daily.

New Issue: Citigroup prices $2.12 million upturn notes linked to Euro Stoxx 50

By Angela McDaniels

Tacoma, Wash., Jan. 30 – Citigroup Inc. priced $2.12 million of 0% upturn securities due Feb. 2, 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 the initial index level, the payout at maturity will be par plus 140% of the index return, subject to a maximum return of 45%. If the index 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 index:Euro Stoxx 50
Amount:$2,117,000
Maturity:Feb. 2, 2017
Coupon:0%
Price:Par
Payout at maturity:Par plus 140% of any index gain, capped at 45%; full exposure to any losses
Initial index level:3,358.96
Pricing date:Jan. 28
Settlement date:Feb. 2
Underwriter:Citigroup Global Markets Inc.
Fees:1.75%
Cusip:1730T04C0

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