Citigroup plans buffered return optimization notes on FTSE China fund

By Susanna Moon

Chicago, Nov. 7 - Citigroup Funding Inc. plans to price 0% buffered return optimization securities due Nov. 21, 2013 linked to the iShares FTSE China 25 index fund, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus triple any gain in the fund, up to a maximum return of $13.40 to $13.80 per note. The exact cap will be set at pricing.

Investors will receive par if the shares fall by up to 10% and will be exposed to losses beyond 10%.

Citigroup Global Markets Inc. is the underwriter with UBS Financial Services Inc. as dealer.

The notes will price on Nov. 15.

The Cusip number is 17317U477.

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