New Issue: Citigroup prices $18.92 million index-linked notes tied to S&P 500

By Tali Rackner

Norfolk, Va., Feb. 3 – Citigroup Inc. priced $18.82 million of 0% index-linked notes due Feb. 6, 2018 tied to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus triple any index gain, up to a maximum settlement amount of $1,271.50 per $1,000 principal amount.

Investors will be exposed to any decline in the index.

Citigroup Global Markets Inc. is the underwriter.

Issuer:	Citigroup Inc.
Issue:	Index-linked notes
Underlying index:	S&P 500
Amount:	$18,819,000
Maturity:	Feb. 6, 2018
Coupon:	0%
Price:	Par of $1,000
Payout at maturity:	If final index level is greater than or equal to initial level, par plus triple any index gain, subject to maximum settlement amount of $1,271.50 per $1,000 principal amount of notes; full exposure to any index decline
Initial index level:	1,940.24
Pricing date:	Jan. 29
Settlement date:	Feb. 5
Underwriter:	Citigroup Global Markets Inc.
Fees:	2%
Cusip:	17298C6F0

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