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Published on 6/27/2014 in the Prospect News Structured Products Daily.

New Issue: Citigroup prices $5.38 million accelerated return notes on Stoxx Europe

By Marisa Wong

Madison, Wis., June 27 – Citigroup Inc. priced $5.38 million of 0% accelerated return notes due Dec. 28, 2017 linked to the Stoxx Europe 600 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 133% of any index gain.

Investors will receive par if the index falls by up to 25% and will be fully exposed to any losses if the index finishes below the 75% barrier level.

Citigroup Global Markets Inc. is the underwriter.

Issuer:Citigroup Inc.
Issue:Accelerated return notes
Underlying index:Stoxx Europe 600
Amount:$5,381,000
Maturity:Dec. 28, 2017
Coupon:0%
Price:Par
Payout at maturity:Par plus 133% of any index gain; par if index falls by 25% or less; full exposure to losses if index finishes below barrier level
Initial index level:341.94
Barrier level:256.455, 75% of initial level
Pricing date:June 25
Settlement date:June 30
Underwriter:Citigroup Global Markets Inc.
Fees:2.75%
Cusip:1730T0S34

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