New Issue: Citigroup prices $310,000 trigger return optimization notes on S&P 500

By Jennifer Chiou

New York, April 30 - Citigroup Inc. priced $310,000 of 0% trigger return optimization securities due April 28, 2017 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is greater than zero, the payout at maturity will be par of $10 plus two times the index return, subject to a maximum return of 32.65%.

If the index return is zero or negative and the final index level is greater than or equal to the trigger level, 75% of the initial level, the payout will be par.

If the final index level is less than the trigger level, investors will be fully exposed to the index's decline from its initial level.

UBS Financial Services Inc. and Citigroup Global Markets Inc. are the underwriters.

Issuer:	Citigroup Inc.
Issue:	Trigger return optimization securities
Underlying index:	S&P 500
Amount:	$310,000
Maturity:	April 28, 2017
Coupon:	0%
Price:	Par of $10
Payout at maturity:	If index return is greater than zero, par plus two times index return, subject to maximum return of 32.65%; if index return is zero or negative and final index level is greater than or equal to trigger level, par; otherwise, investors will be fully exposed to index's decline from its initial level
Initial level:	1,863.40
Trigger level:	1,397.55, 75% of initial level
Pricing date:	April 25
Settlement date:	April 30
Agents:	Citigroup Global Markets Inc., UBS Financial Services Inc.
Fees:	None
Cusip:	17322H206

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