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Published on 6/30/2015 in the Prospect News Structured Products Daily.

New Issue: Citigroup prices $819,000 principal-protected notes linked to S&P 500

By Angela McDaniels

Tacoma, Wash., June 30 – Citigroup Inc. priced $819,000 of 0% market-linked notes due June 30, 2022 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the final index level is greater than the initial index level, the payout at maturity will be par plus the index return, subject to a maximum return of 45%. If the final index level is less than or equal to the initial index level, the payout will be par.

Citigroup Global Markets Inc. is the underwriter.

Issuer:Citigroup Inc.
Issue:Market-linked notes
Underlying index:S&P 500
Amount:$819,000
Maturity:June 30, 2022
Coupon:0%
Price:Par
Payout at maturity:If final index level is greater than initial index level, par plus index return, subject to 45% maximum return; if final index level is less than or equal to initial index level, par
Initial index level:2,102.31
Pricing date:June 25
Settlement date:June 30
Underwriter:Citigroup Global Markets Inc.
Fees:3.5%
Cusip:17298CBT4

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