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Published on 10/6/2015 in the Prospect News Structured Products Daily.

New Issue: Citigroup prices $382,000 buffer securities linked to Euro Stoxx 50

By Angela McDaniels

Tacoma, Wash., Oct. 6 – Citigroup Inc. priced $382,000 of 0% buffer securities due April 4, 2019 linked to the Euro Stoxx 50 index, 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 275% of the index return, subject to a maximum return of 30%. Investors will receive par if the index falls by 10% or less and will lose 1% for every 1% that it declines beyond 10%.

Citigroup Global Markets Inc. is the underwriter.

Issuer:Citigroup Inc.
Issue:Buffer securities
Underlying index:Euro Stoxx 50
Amount:$382,000
Maturity:April 4, 2019
Coupon:0%
Price:Par
Payout at maturity:If index return is positive, par plus 275% of index return, subject to 30% maximum return; par if index falls by 10% or less; 1% loss for every 1% that index declines beyond 10%
Initial level:3,100.67
Pricing date:Sept. 30
Settlement date:Oct. 5
Underwriter:Citigroup Global Markets Inc.
Fees:2.5%
Cusip:17298C2K3

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