EFTA02378989

From: Barrett, Paul S Sent: Tuesday, October 28, 2014 2:49 PM To: Epstein, Jeffrey (jeeyacation©omail.com) Cc: Nelson, Justin D Subject: RE: Hi Jeffrey He should buy $5MM of t=is issue. Cit= 5.80% PFD Issuer: &n=sp; =nbsp; &nbs=; CITIGROUP INC Ratings: &n=sp; =nbsp; Ba3=/BB =nbsp; &nbs=; Ranking: &n=sp; =nbsp; Jr Subordinated=nbsp; &nbs=; &n=sp; Coupon: &nb=p; &=bsp; 5.80%; the= 3mL +409.3bp &nbs=; &n=sp; Next Call: &nbs=; &nb=p; 11/15/19 Maturity: = &nbs=; PERPETUAL &nbs=; &n=sp; Price: &nb=p; &=bsp; = $101.00 8,/rbsp; YTC (11/15/19): &=bsp; 5.57%=/o:p> YTM*: &nb=p; = 6.88% Issue Size: = &nb=p; $1.5B Min Denom: = &nb=p; 1,000/ 1,000 Cusip: &nb=p; &=bsp; = 172967HZ7 &nbs=; &n=sp; =nbsp; QDI Eligible EFTA_R1_01391866 EFTA02378989 <=pan style="font-size:8.0ptfont-family:"Verdana","sans- ser=1";color:EFSFSF"> <=spa n> <=pan style="font-size:8.Opt;font-family:"Verdana","sans-ser=f";color:#1F497D">Paul Barrette Managing Director I Global Investment Oppo=tunities Group I J.P. Morgan Securities LLC I J.P. Morgan Private Bank I Morgan Chase Bank N.A. NOT AN=OFFICIAL CONFIRMATION: For informational=purposes only. This report does not represent an official account of=the holdings, balances, or transactions made in your account and is being p=ovided at your request. Please refer to your monthly account statement for the official record of all of your ac=ount activities. For question, please call your J.P. Morgan represent=tive. In discussion of options and other strategies, results and risks ar= based solely on hypothetical examples cited; actual results and risks will=vary depending on specific circumstances. Investors are urged to consider carefully whether option or option-related=products in general, as well as the products or strategies discussed herein=are suitable to their needs. In actual transactions, the client's cou=terparty for OTC derivatives applications is JPMorgan Chase Bank, N.A., and affiliates. For a copy of the "Char=cteristics and Risks of Standardized Options" booklet, please contact=your JPMorgan Advisor. This e=ail is confidential and subject to important disclaimers and conditions inc=uding on offers for the purchase or sale of securities, accuracy and completeness of information, viruses, conf=dentiality, legal privilege, and legal entity disclaimers, available at http://www.jpmorgan.com/pages/disclosu=es/email <http://www.=pmorgan.com/pages/disclosures/email> . This email is confidential and subject to important disclaimers and conditio=s including on offers for the purchase or sale of securities, accuracy and=completeness of information, viruses, confidentiality, legal privilege, and=legal entity disclaimers, available at http://www.jpmorgan.com/pages/disclo=ures/email. 2 EFTA_R1_01391867 EFTA02378990