New Issue: Citigroup sells $15.3 million 90% protected notes linked to commodities

By Susanna Moon

Chicago, Aug. 9 - Citigroup Funding Inc. priced $15.3 million of 0% notes due Aug. 8, 2013 linked to a basket of commodities, according to a 424B2 filing with the Securities and Exchange Commission.

The equally weighted basket includes gold, West Texas Intermediate crude oil, gasoline, sugar and copper.

The payout at maturity will be par plus any basket gain. If the basket falls, the payout will be 90% of par.

Citigroup Global Markets Inc. is the underwriter.

Issuer:	Citigroup Funding Inc.
Issue:	Notes
Underlying basket:	Gold, West Texas Intermediate crude oil, gasoline, sugar and copper, equally weighted
Amount:	$15,296,000
Maturity:	Aug. 8, 2013
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus any basket gain; 90% of par if basket declines
Initial levels:	1,658.75 for gold, 86.88 for WTI crude oil, 280.52 for gasoline, 27.54 for sugar and 9,190 for copper
Pricing date:	Aug. 5
Settlement date:	Aug. 10
Underwriter:	Citigroup Global Markets Inc.
Fees:	1.75%
Cusip:	1730T0NB1

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