New Issue: Citigroup prices $1.68 million barrier securities linked to the Dow

By Jennifer Chiou

New York, March 31 - Citigroup Inc. priced $1,677,000 of 0% barrier securities due March 29, 2018 linked to the Dow Jones industrial average, according to a 424B2 filing with the Securities and Exchange Commission.

If the index finishes at or above the initial level, the payout at maturity will be par plus 1.25 times the index return.

Investors will receive par if the index falls by up to 20% and will be fully exposed to losses from the initial level if the index declines by more than 20%.

Citigroup Global Markets Inc. is the underwriter.

Issuer:	Citigroup Inc.
Issue:	Barrier securities
Underlying index:	Dow Jones industrial average
Amount:	$1,677,000
Maturity:	March 29, 2018
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 1.25 times any index gain; par if index falls by up to 20%; full exposure to losses from initial level if index declines by more than 20%
Initial level:	16,268.99
Barrier level:	13,015.192, 80% of initial level
Pricing date:	March 26
Settlement date:	March 31
Agent:	Citigroup Global Markets Inc.
Fees:	2%
Cusip:	1730T0L56

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