New Issue: Citigroup prices $8.6 million buffered PLUS linked to S&P 500 index

By Toni Weeks

San Luis Obispo, Calif., Dec. 3 - Citigroup Inc. priced $8.6 million of 0% buffered Performance Leveraged Upside Securities due June 3, 2016 linked to the S&P 500 index, according to an FWP filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus double any gain in the index, up to a maximum return of 18.25%.

Investors will receive par if the index declines by up to 10% and will be exposed to any losses beyond the 10% buffer.

Citigroup Global Markets Inc. is the agent.

Issuer:	Citigroup Inc.
Issue:	Buffered Performance Leveraged Upside Securities
Underlying index:	S&P 500
Amount:	$8,599,250
Maturity:	June 3, 2016
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 200% of any index gain, capped at 18.25%; par if index falls by up to 10%; 1% loss for every 1% decline beyond 10%
Initial level:	1,805.81
Pricing date:	Nov. 29
Settlement date:	Dec. 4
Agent:	Citigroup Global Markets Inc.
Fees:	2.25%
Cusip:	17321F672

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