New Issue: Citigroup prices $935,000 9.5% ELKS linked to Facebook

By Toni Weeks

San Luis Obispo, Calif., Dec. 19 - Citigroup Inc. priced $935,000 of 9.5% annualized single observation Equity LinKed Securities due June 20, 2014 linked to Facebook, Inc. shares, according to a 424B2 filing with the Securities and Exchange Commission.

Interest will be payable monthly.

The payout at maturity will be par unless Facebook shares fall below 75% of the initial price on the June 17, 2014 valuation day, in which case the payout will be a number of shares of Facebook stock equal to $1,000 divided by the initial price or, at the investor's option, an equivalent cash amount.

Citigroup Global Markets Inc. is the underwriter.

Issuer:	Citigroup Inc.
Issue:	Equity LinKed Securities
Underlying stock:	Facebook, Inc. (Nasdaq: FB)
Amount:	$935,000
Maturity:	June 20, 2014
Coupon:	9.5%, payable monthly
Price:	Par
Payout at maturity:	Par in cash unless Facebook shares finish below downside threshold price, in which case 18.22822 shares of Facebook stock or equivalent amount in cash
Initial share price:	$54.86
Downside threshold price:	$41.145, 75% of initial share price
Pricing date:	Dec. 17
Settlement date:	Dec. 20
Underwriter:	Citigroup Global Markets Inc.
Fees:	1%
Cusip:	1730T0D89

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