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Published on 1/28/2015 in the Prospect News Structured Products Daily.

New Issue: Citigroup prices $7.58 million PLUS due 2016 linked to S&P GSCI Crude

By Susanna Moon

Chicago, Jan. 28 – Citigroup Inc. priced $7.58 million of 0% Performance Leveraged Upside Securities due Feb. 22, 2016 linked to the S&P GSCI Crude Oil Index Excess Return, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 5 times any gain in the index, up to a maximum return of 29%.

Investors will be exposed to any losses.

Citigroup Global Markets Inc. is the agent with Morgan Stanley Wealth Management as a dealer.

Issuer:Citigroup Inc.
Issue:Performance Leveraged Upside Securities
Underlying index:S&P GSCI Crude Oil Index Excess Return
Amount:$7,575,000
Maturity:Feb. 22, 2016
Coupon:0%
Price:Par
Payout at maturity:Par plus 500% of any index gain, capped at 29%; exposure to any losses
Initial level:247.9051
Pricing date:Jan. 23
Settlement date:Jan. 28
Agent:Citigroup Global Markets Inc.
Dealer:Morgan Stanley Wealth Management
Fees:1.75%
Cusip:1730T04D8

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