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Published on 11/13/2014 in the Prospect News Structured Products Daily.

Citigroup plans two-year trigger jump notes linked to Facebook

By Susanna Moon

Chicago, Nov. 13 – Citigroup Inc. plans to price 0% trigger jump securities due Nov. 21, 2016 linked to the Facebook, Inc. shares, according to an FWP filing with the Securities and Exchange Commission.

If the stock finishes above its initial level, the payout at maturity will equal par plus the greater of the return and the upside payment of 30%.

Investors will receive par if the stock falls by up to 22.5% and will be fully exposed to any losses if the stock finishes below the 77.5% trigger level.

Citigroup Global Markets Inc. is the agent.

The notes will price on Nov. 21.

The Cusip number is 17322X730.


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