Citigroup plans to price upturn securities linked to Alerian MLP ETF

By Wendy Van Sickle

Columbus, Ohio, Dec. 18 – Citigroup Inc. plans to price 0% upturn securities due January 2017 linked to the Alerian MLP exchange-traded fund, according to a 424B2 filed with the Securities and Exchange Commission.

If the final share price of the ETF is greater than the initial level, the payout at maturity will be par plus 400% of the index return, subject to a maximum return of 44% to 47% that will be set at pricing.

Investors will be fully exposed to any losses.

Citigroup Global Markets Inc. is the underwriter.

The notes will price and settle in December.

The Cusip number is 17298C5H7.

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