New Issue: Citigroup prices $1.14 million buffer securities due 2021 linked to Dow

By Devika Patel

Knoxville, Tenn., March 30 – Citigroup Inc. priced $1.14 million of 0% buffer securities due April 1, 2021 linked to the Dow Jones industrial average, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par plus 105% of the index return. Investors will receive par if the index falls by 15% or less and will lose 1% for every 1% that it declines beyond 15%.

Citigroup Global Markets Inc. is the underwriter.

Issuer:	Citigroup Inc.
Issue:	Buffer securities
Underlying index:	Dow Jones industrial average
Amount:	$1,143,000
Maturity:	April 1, 2021
Coupon:	0%
Price:	Par
Payout at maturity:	If final index level is greater than initial index level, par plus 105% of index return; if final index level is equal to or less than initial index level by 15% or less, par; if final index level is less than initial index level by more than 15%, 1% loss for every 1% that index declines beyond 15%
Initial level:	17,535.39
Pricing date:	March 28
Settlement date:	March 31
Agent:	Citigroup Global Markets Inc.
Fees:	3%
Cusip:	17298CB49

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