New Issue: Citi prices $19.26 million dual directional trigger PLUS linked to Euro Stoxx 50

By Susanna Moon

Chicago, May 5 – Citigroup Inc. priced $19.26 million of 0% dual directional trigger Performance Leveraged Upside Securities due May 5, 2021 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index finishes at or above the initial index level, the payout at maturity will be par of $10 plus 115% of the index return.

If the index falls by up to the 65% trigger level, the payout will be par plus the absolute value of the index return.

Otherwise, investors will be fully exposed to any losses.

Citigroup Inc. is the underwriter. Morgan Stanley Wealth Management is a dealer.

Issuer:	Citigroup Inc.
Issue:	Dual directional trigger Performance Leveraged Upside Securities
Underlying index:	Euro Stoxx 50
Amount:	$19,264,040
Maturity:	May 5, 2021
Coupon:	0%
Price:	Par of $10
Payout at maturity:	If index gains, par plus 115% of return; if index falls by up to 35%, par plus absolute value of the return; otherwise, full exposure to any losses
Initial index level:	3,615.59
Trigger level:	2,350.134, 65% of initial level
Pricing date:	April 30
Settlement date:	May 5
Agent:	Citigroup Inc. with Morgan Stanley Wealth Management as dealer
Fees:	3%
Cusip:	17323B489

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