Citigroup plans buffered digital plus securities linked to Euro Stoxx 50

By Jennifer Chiou

New York, April 3 - Citigroup Funding Inc. plans to price 0% buffered digital plus securities due April 27, 2018 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the final index level is greater than or equal to the barrier level, 65% of the initial level, the payout at maturity will be par plus the greater of the fixed return amount and the index return. The fixed return amount is expected to be 25% to 30% and will be set at pricing.

Otherwise, investors will share in losses.

The notes (Cusip: 1730T0ST7) are expected to price on April 24, moved up from April 29. The originally anticipated maturity date was May 3, 2018.

Citigroup Global Markets Inc. is the underwriter.

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