New Issue: Citigroup prices $309,000 digital securities on iShares real estate ETF

By Marisa Wong

Morgantown, W.Va., Nov. 10 – Citigroup Inc. priced $309,000 of 0% digital securities due May 3, 2017 linked to the iShares U.S. Real Estate exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

If the final fund level is greater than or equal to the initial level, the payout at maturity will be par plus the 16% fixed return.

Investors will share in losses.

Citigroup Global Markets Inc. is the underwriter.

Issuer:	Citigroup Inc.
Issue:	Digital securities
Underlying ETF:	iShares U.S. Real Estate ETF
Amount:	$309,000
Maturity:	May 3, 2017
Coupon:	0%
Price:	Par
Payout at maturity:	If ending share price is greater than or equal to starting share price, par plus 16%; full exposure to decline of share price
Starting share price:	$75.99
Pricing date:	Oct. 28
Settlement date:	Nov. 2
Underwriter:	Citigroup Global Markets Inc.
Fees:	1.25%
Cusip:	17298C2V9

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