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Published on 11/4/2013 in the Prospect News Structured Products Daily.

Citigroup plans three-year autocallable notes linked to two indexes

By Susanna Moon

Chicago, Nov. 4 - Citigroup Inc. plans to price autocallable securities due November 2016 linked to the worst performing of the S&P 500 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be called at par plus a premium of 10.2% annualized if each index close at or above the initial level on either of the first two valuation dates.

If the notes are not called, the payout at maturity will be par unless either index finishes below the 80% trigger level, in which case investors will be exposed to any losses of the worst performing index.

Citigroup Global Markets Inc. is the agent.

The notes will price on Nov. 25 and settle three days later.

The Cusip number is 17321F649.


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