By Jennifer Chiou
New York, Nov. 29 -Citigroup Funding Inc. priced $10.05 million of 0% market-linked notes due Nov. 28, 2016 tied to equal weights of the Dow Jones Industrial Average, the Euro Stoxx 50 and the Nikkei 225 index, according to a 424B2 filing with the Securities and Exchange Commission.
The final basket value will equal the average of the closing basket values on Nov. 21 of 2011 through 2016.
If the final basket value is greater than the initial level, the payout at maturity will be par plus 130% of the basket change.
Investors will receive at least par.
Citigroup Global Markets Inc. is the underwriter.
| Issuer: | Citigroup Funding Inc.
|
| Issue: | Market-linked notes
|
| Underlying indexes: | Equal weights of the Dow Jones Industrial Average, the Euro Stoxx 50 and the Nikkei 225
|
| Amount: | $10,045,000
|
| Maturity: | Nov. 28, 2016
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 130% of any basket gain; floor of par
|
| Pricing date: | Nov. 24
|
| Settlement date: | Nov. 30
|
| Underwriter: | Citigroup Global Markets Inc.
|
| Fees: | 3.5%
|
| Cusip: | 1730T0KW8
|
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