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Published on 12/20/2013 in the Prospect News Structured Products Daily.

Citigroup plans autocallable barrier securities linked to Euro Stoxx 50

By Susanna Moon

Chicago, Dec. 20 - Citigroup Inc. plans to price 0% autocallable barrier securities due Dec. 27, 2017 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be called at an annualized call premium of 13% if the index closes at or above its initial level on any quarterly call date.

The payout at maturity will be par plus any gain in the index.

The payout will be par if the index finishes at or above the 75% barrier level, and investors will be fully exposed to any losses if the index finishes below the barrier level.

Citigroup Global Markets Inc. is the underwriter.

The notes will price on Dec. 23 and settle three business days later.

The Cusip number is 1730T0E70.


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