New Issue: Citigroup prices $2.58 million buffer securities linked to iShares MSCI EAFE

By Angela McDaniels

Tacoma, Wash., Oct. 7 – Citigroup Inc. priced $2.58 million of 0% buffer securities due Oct. 5, 2017 linked to the iShares MSCI EAFE exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

If the ETF return is positive, the payout at maturity will be par plus the ETF return, subject to a 40% maximum return. Investors will receive par if the ETF 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 ETF:	iShares MSCI EAFE
Amount:	$2,575,000
Maturity:	Oct. 5, 2017
Coupon:	0%
Price:	Par
Payout at maturity:	If ETF return is positive, par plus ETF return, subject to 40% maximum return; par if ETF falls by 10% or less; 1% loss for every 1% that ETF declines beyond 10%
Initial share price:	$57.32 (closing price on Sept. 30)
Pricing date:	Oct. 1
Settlement date:	Oct. 6
Underwriter:	Citigroup Global Markets Inc.
Fees:	2.35%
Cusip:	17298C3B2

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