New Issue: Citigroup sells $19.61 million contingent return optimization notes tied to Euro Stoxx 50

By Toni Weeks

San Luis Obispo, Calif., March 28 - Citigroup Inc. priced $19.61 million of 0% contingent return optimization securities due Sept. 30, 2015 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the final index level is greater than or equal to the trigger level, the payout at maturity will be par of $10 plus the greater of 12% and the index return, subject to a maximum return of 27.82%. The trigger level is 70% of the initial level.

If the final index level is less than the trigger level, investors will be fully exposed to the index's decline from its initial level.

Citigroup Global Markets Inc. is the underwriter, and UBS Financial Services Inc. is agent.

Issuer:	Citigroup Inc.
Issue:	Contingent return optimization securities
Underlying index:	Euro Stoxx 50
Amount:	$19,613,750
Maturity:	Sept. 30, 2015
Coupon:	0%
Price:	Par of $10
Payout at maturity:	If final index level is greater than or equal to trigger level, par plus greater of 12% and index return, subject to maximum return of 27.82%; if final index level is less than trigger level, full exposure to index's decline from initial level
Initial index level:	2,641.12
Trigger level:	1,848.78, 70% of initial level
Pricing date:	March 26
Settlement date:	March 28
Underwriter:	Citigroup Global Markets Inc.
Agent:	UBS Financial Services Inc.
Fees:	2.25%
Cusip:	173095860

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