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

New Issue: Citigroup prices $972,000 enhanced barrier digital plus notes linked to Euro Stoxx 50

By Angela McDaniels

Tacoma, Wash., Oct. 6 – Citigroup Inc. priced $972,000 of 0% enhanced barrier digital plus securities due Oct. 2, 2020 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 or equal to the barrier level, 80% of the initial index level, the payout at maturity will be par plus the greater of the index return and 20%. Otherwise, investors will be fully exposed to the index’s decline from its initial level.

Citigroup Global Markets Inc. is the underwriter.

Issuer:Citigroup Inc.
Issue:Enhanced barrier digital plus securities
Underlying index:Euro Stoxx 50
Amount:$927,000
Maturity:Oct. 2, 2020
Coupon:0%
Price:Par
Payout at maturity:If final index level is greater than or equal to barrier level, par plus greater of index return and 20%; otherwise, full exposure to index’s decline from initial level
Initial level:3,029.86
Barrier level:2,423.888, 80% of initial level
Pricing date:Sept. 29
Settlement date:Oct. 2
Underwriter:Citigroup Global Markets Inc.
Fees:3%
Cusip:17298CDX3

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