New Issue: Citigroup prices $2.28 million trigger performance notes on S&P 500

By Jennifer Chiou

New York, Feb. 28 - Citigroup Funding Inc. priced $2,276,970 of 0% trigger performance securities due Feb. 27, 2015 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par of $10 plus 130% of the index return. If the index return is zero or negative and the final index level is at least 60% of the initial index level, investors will receive par. If the final index level is less than 60% of the initial index level, investors will be fully exposed to the decline from the initial level.

Citigroup Global Markets Inc. and UBS Financial Services Inc. are the agents.

Issuer:	Citigroup Funding Inc.
Issue:	Trigger performance securities
Underlying index:	S&P 500
Amount:	$2,276,970
Maturity:	Feb. 27, 2015
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus 130% of any increase in index; par if index falls by 60% or less; full exposure to decline from initial level if index falls beyond 60%
Initial index level:	1,365.74
Pricing date:	Feb. 24
Settlement date:	Feb. 29
Agents:	UBS Financial Services Inc. and Citigroup Global Markets Inc.
Fees:	2.5%
Cusip:	17317U212

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