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Published on 6/30/2015 in the Prospect News Structured Products Daily.

New Issue: Citigroup prices $3.77 million barrier digital plus notes linked to Euro Stoxx 50

By Angela McDaniels

Tacoma, Wash., June 30 – Citigroup Inc. priced $3.77 million of 0% barrier digital plus securities due June 30, 2020 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive or zero, the payout at maturity will be par plus the greater of the index return and 36%. Investors will receive par if the index falls by 20% or less and will be fully exposed to the index’s decline from the initial level if it falls by more than 20%.

Citigroup Global Markets Inc. is the underwriter.

Issuer:Citigroup Inc.
Issue:Barrier digital plus securities
Underlying index:Euro Stoxx 50
Amount:$3.77 million
Maturity:June 30, 2020
Coupon:0%
Price:Par
Payout at maturity:If index return is positive or zero, par plus greater of index return and 36%; if index return is negative but final index level is greater than or equal to barrier level, par; full exposure to index’s decline from initial level if final index level is less than barrier level
Initial level:3,610.91
Barrier level:2,888.728, 80% of initial level
Pricing date:June 25
Settlement date:June 30
Underwriter:Citigroup Global Markets Inc.
Fees:3%
Cusip:17298CBF4

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