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Published on 4/12/2016 in the Prospect News Structured Products Daily.

New Issue: Citigroup prices $1.43 million buffered notes tied to MSCI EAFE index

By Wendy Van Sickle

Columbus, Ohio, April 12 – Citigroup Inc. priced $1.43 million of 0% buffered notes due Sept. 13, 2017 linked to the MSCI EAFE index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 140% of any index gain, up to a maximum settlement amount of $1,196 for each $1,000 of notes.

Investors will receive par if the index falls by up to 12.5% and will lose 1.1429% for every 1% decline beyond 12.5%.

Citigroup Global Markets Inc. is the agent.

Issuer:Citigroup Inc.
Issue:Buffered notes
Underlying index:MSCI EAFE
Amount:$1,431,000
Maturity:Sept. 13, 2017
Coupon:0%
Price:Par
Payout at maturity:If final index level is greater than or equal to initial level, par plus 140% of index return, subject to maximum settlement amount of $1,196 per $1,000 principal amount of notes; par if index declines by up to 12.5%; 1.1429% loss for every 1% decline beyond 12.5%
Initial index level:1,625.36
Buffer level:1,422.19, 87.5% of initial level
Pricing date:April 8
Settlement date:April 15
Underwriter:Citigroup Global Markets Inc.
Fees:None
Cusip:17298CEE4

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