New Issue: Citigroup prices $3.38 million notes linked to S&P 500

By Marisa Wong

Morgantown, W.Va., March 3 – Citigroup Inc. priced $3.38 million of 0% notes due Jan. 8, 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 initial level, the payout at maturity will be par plus 300% of the index return, subject to a maximum settlement amount of $1,294 per $1,000 principal amount of notes. If the index declines, investors will experience a loss proportionate to that decline.

Citigroup Global Markets Inc. is the underwriter.

Issuer:	Citigroup Inc.
Issue:	Notes
Underlying index:	S&P 500
Amount:	$3,377,000
Maturity:	Jan. 8, 2018
Coupon:	0%
Price:	Par
Payout at maturity:	If final index level is greater than or equal to initial level, par plus 300% of index return, subject to maximum settlement amount of $1,294 per $1,000 principal amount of notes; full exposure to any index decline
Initial index level:	1,948.05
Pricing date:	Feb. 26
Settlement date:	March 4
Underwriter:	Citigroup Global Markets Inc.
Fees:	None
Cusip:	17298CA73

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