New Issue: Citigroup prices $6.5 million buffered PLUS due 2017 linked to S&P 500

By Susanna Moon

Chicago, Dec. 3 – Citigroup Inc. priced $6.5 million of 0% buffered Performance Leveraged Upside Securities due Dec. 5, 2018 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus 200% of any index gain, up to a maximum return of 24.9%.

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

Citigroup Global Markets Inc. is the agent. Morgan Stanley Wealth Management will handle distribution.

Issuer:	Citigroup Inc.
Issue:	Buffered Performance Leveraged Upside Securities
Underlying index:	S&P 500 index
Amount:	$6,495,740
Maturity:	Dec. 5, 2018
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus 200% of any index gain, capped at 24.9%; par if index falls by up to 10%; exposure to any losses beyond 10%
Initial level:	2,080.41
Pricing date:	Nov. 30
Settlement date:	Dec. 3
Underwriter:	Citigroup Global Markets Inc.
Fees:	2.5%
Cusip:	17323P306

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