By Susanna Moon
Chicago, April 14 – Citigroup Inc. priced $2.5 million of 0% capped return enhanced notes due April 27, 2016 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus triple any gain in the index, up to a maximum return of 18.3%.
Investors will be exposed to any losses.
Citigroup Global Markets Inc. is the agent.
| Issuer: | Citigroup Inc.
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| Issue: | Capped return enhanced notes
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| Underlying index: | Euro Stoxx 50
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| Amount: | $2.5 million
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| Maturity: | April 27, 2016
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | Par plus 300% of any gain in the index, capped at 18.3%; exposure to losses
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| Initial level: | 3,816.76
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| Pricing date: | April 10
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| Settlement date: | April 15
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| Agent: | Citigroup Global Markets Inc.
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| Fees: | 1%
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| Cusip: | 1730T07J2
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