Citigroup plans to price Lasers linked to Russell 2000 index

By Angela McDaniels

Tacoma, Wash., Nov. 16 - Citigroup Funding Inc. plans to price 0% Index Leading Stockmarket Return Securities due Nov. 26, 2013 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index's closing level is greater than 75% of the initial index level throughout the life of the notes, the payout at maturity will be par plus the greater of the index return and a fixed percentage of 23% to 28%. Otherwise, the payout will be par plus the index return, which could be positive or negative.

The exact fixed percentage will be set at pricing.

The notes (Cusip 17316G628) are expected to price Nov. 23 and settle Nov. 29.

Citigroup Global Markets Inc. is the agent.

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