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Published on 3/31/2016 in the Prospect News Structured Products Daily.

New Issue: Citigroup sells $949,000 enhanced barrier digital plus notes on Stoxx

By Wendy Van Sickle

Columbus, Ohio, March 31 – Citigroup Inc. priced $949,000 of 0% enhanced barrier digital plus securities due April 1, 2021 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index finishes at or above the 75% barrier level, the payout at maturity will be par plus the greater of the gain and the fixed return of 20%.

Otherwise, investors will be fully exposed to any losses.

Citigroup Global Markets Inc. is the underwriter.

Issuer:Citigroup Inc.
Issue:Enhanced barrier digital plus securities
Underlying index:Euro Stoxx 50
Amount:$949,000
Maturity:April 1, 2021
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:3,004.87
Barrier level:2,253.653, 75% of initial level
Pricing date:March 29
Settlement date:April 1
Agent:Citigroup Global Markets Inc.
Fees:3%
Cusip:17298CB31

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