By Jennifer Chiou
New York, Dec. 29 - Citigroup Funding Inc. priced $12.14 million of 0% market-linked notes due Dec. 27, 2017 tied to the Dow Jones Industrial Average, according to a 424B2 filing with the Securities and Exchange Commission.
If the final index value is greater than the initial level, the payout at maturity will be par plus 105% of the index change.
Investors will receive at least par.
Citigroup Global Markets Inc. is the underwriter.
| Issuer: | Citigroup Funding Inc.
|
| Issue: | Market-linked notes
|
| Underlying index: | Dow Jones Industrial Average
|
| Amount: | $12.14 million
|
| Maturity: | Dec. 27, 2017
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 105% of any index gain; floor of par
|
| Initial level: | 11,555.03
|
| Pricing date: | Dec. 27
|
| Settlement date: | Dec. 30
|
| Underwriter: | Citigroup Global Markets Inc.
|
| Fees: | 3.5%
|
| Cusip: | 1730T0LF4
|
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