By Angela McDaniels
Tacoma, Wash., Sept. 10 - Citigroup Funding Inc. priced R$39.92 million of 7.15% notes due Sept. 12, 2016 denominated in Brazilian reais, according to a 424B2 filing with the Securities and Exchange Commission.
Interest is payable annually.
The issue price is R$1,000 per note.
The payout at maturity will be par.
The issue price is payable in dollars, and all interest payments and the payment at maturity will be made in dollars converted at the exchange then in effect.
Citigroup Global Markets Inc. is the underwriter.
| Issuer: | Citigroup Funding Inc.
|
| Issue: | Brazilian real-denominated notes
|
| Amount: | R$39,924,000
|
| Maturity: | Sept. 12, 2016
|
| Coupon: | 7.15%, payable annually in dollars
|
| Price: | Par of R$1,000, payable in dollars
|
| Payout at maturity: | Par, payable in dollars
|
| Initial exchange rate: | 2.0375 reais per dollar
|
| Pricing date: | Sept. 6
|
| Settlement date: | Sept. 12
|
| Underwriter: | Citigroup Global Markets Inc.
|
| Fees: | 1.75%
|
| Cusip: | 1730T0WP0
|
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