New Issue: Citigroup prices $1.77 million Accelerated Return Notes on Stoxx Europe

By Jennifer Chiou

New York, July 31 – Citigroup Inc. priced $1,772,000 of 0% Accelerated Return Notes due Feb. 1, 2018 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 130.25% 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:	$1,772,000
Maturity:	Feb. 1, 2018
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 130.25% 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:	341.34
Barrier level:	256.005, 75% of initial level
Pricing date:	July 28
Settlement date:	July 31
Underwriter:	Citigroup Global Markets Inc.
Fees:	2.75%
Cusip:	1730T0U72

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