New Issue: Citigroup prices $6.2 million contingent return optimization notes tied to S&P 500

By Marisa Wong

Madison, Wis., June 30 – Citigroup Inc. priced $6.2 million of 0% contingent return optimization securities due June 29, 2018 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 or equal to the trigger level, 80% of the initial index level, the payout at maturity will be par of $10 plus the greater of 10% and the index return, subject to a maximum return of 31.06%.

If the final index level is less than the trigger level, investors will lose 1% for every 1% that the final level is below the initial level.

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

Issuer:	Citigroup Inc.
Issue:	Contingent return optimization securities
Underlying index:	S&P 500
Amount:	$6,204,600
Maturity:	June 29, 2018
Coupon:	0%
Price:	Par of $10
Payout at maturity:	If final index level is greater than or equal to trigger level, par plus greater of 10% and index return, subject to maximum return of 31.06%; if final index level is less than trigger level, 1% loss for every 1% that final level is below initial level
Initial index level:	2,102.31
Trigger level:	1,681.85, 80% of initial level
Pricing date:	June 25
Settlement date:	June 30
Agents:	Citigroup Global Markets Inc. and UBS Financial Services Inc.
Fees:	2.5%
Cusip:	17323B125

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