Citigroup Inc.
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Pricing Sheet No. 2013–CMTNG0032 dated December 31, 2013 relating to
Preliminary Pricing Supplement dated December 31, 2013
Registration Statement No. 333-192302
Filed Pursuant to Rule 433
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PRICING TERMS — DECEMBER 31, 2013 | |
Underlying rate:
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6-month U.S. Dollar LIBOR
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Underlying index:
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S&P 500® Index
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Aggregate stated principal amount:
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$10,000,000
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Stated principal amount:
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$1,000 per note
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Pricing date:
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December 31, 2013
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Issue date:
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January 15, 2014
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Maturity date:
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Unless earlier redeemed, January 15, 2029
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Payment at maturity:
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Unless earlier redeemed, $1,000 per note plus the coupon payment due at maturity, if any
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Variable quarterly coupon payments:
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On each coupon payment date, you will receive a coupon payment at an annual rate equal to the variable coupon rate for that coupon payment date. The variable coupon rate for any coupon payment date will be determined as follows:
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contingent rate of 6.30% per annum x |
number of accrual days during the related accrual period
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number of elapsed days during the related accrual period
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If the number of accrual days in a given accrual period is less than the number of elapsed days in that accrual period, the variable coupon rate for the related coupon payment date will be less than the full contingent rate, and if there are no accrual days in a given accrual period, the applicable variable coupon rate will be 0%.
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Coupon payment dates:
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The 15th day of each January, April, July and October, beginning on April 15, 2014
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Accrual period:
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For each coupon payment date, the period from and including the immediately preceding coupon payment date (or the issue date in the case of the first coupon payment date) to but excluding such coupon payment date
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Accrual day:
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An elapsed day on which the accrual condition is satisfied
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Elapsed day:
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Calendar day
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Accrual condition:
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The accrual condition will be satisfied on an elapsed day if, and only if, both (i) the underlying rate is within the underlying rate range on that elapsed day and (ii) the closing level of the underlying index is greater than or equal to the accrual barrier level on that elapsed day. See “Additional Information” in the related preliminary pricing supplement.
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Underlying rate range:
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0.00% to 6.00%, inclusive
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Accrual barrier level:
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1,200.00
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Early redemption:
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We have the right to redeem the notes, in whole and not in part, quarterly on any coupon payment date on or after January 15, 2015 upon not less than five business days’ notice for an amount in cash equal to 100% of the stated principal amount of your notes plus the coupon payment due on the date of redemption, if any.
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Listing:
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The notes will not be listed on any securities exchange
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CUSIP / ISIN:
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1730T0F53 / US1730T0F531
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Underwriter:
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Citigroup Global Markets Inc. (“CGMI”), an affiliate of the issuer, acting as principal
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Underwriting fee and issue price:
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Issue price(1)
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Underwriting fee(2)
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Proceeds to issuer(2)
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Per note:
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$1,000
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$35
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$965
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Total:
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$10,000,000
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$350,000
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$9,650,000
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