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Published on 5/1/2013 in the Prospect News Structured Products Daily.

New Issue: Citi prices $2.55 million geared buffer notes linked to Euro Stoxx 50

By Angela McDaniels

Tacoma, Wash., May 1 - Citigroup Inc. priced $2.55 million of 0% geared buffer securities due May 4, 2017 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 the initial level, the payout at maturity will be par plus 120% of the index return. Investors will receive par if the index declines by up to 30% and will lose 1.4286% for every 1% that it declines beyond 30%.

Citigroup Global Markets Inc. is the underwriter.

Issuer:Citigroup Inc.
Issue:Geared buffer securities
Underlying index:Euro Stoxx 50
Amount:$2,553,000
Maturity:May 4, 2017
Coupon:0%
Price:Par
Payout at maturity:Par plus 120% of index return if index return is positive; par if index declines by up to 30%; 1.4286% loss for every 1% that index declines beyond 30%
Initial index level:2,717.38
Pricing date:April 29
Settlement date:May 2
Underwriter:Citigroup Global Markets Inc.
Fees:2%
Cusip:1730T0SW0

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