New Issue: Citigroup prices $14.46 million trigger jump securities linked to S&P 500

By Angela McDaniels

Tacoma, Wash., Sept. 4 - Citigroup Funding Inc. priced $14.46 million of 0% trigger jump securities due Aug. 27, 2015 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the final index level is greater than the initial index level, the payout at maturity will be par of $10 plus the greater of 19% and the index return. If the final index level is 65% to 100% of the initial level, the payout will be par. If the final index level is less than 65% of the initial level, investors will be fully exposed to the decline from the initial level.

Citigroup Global Markets Inc. is the underwriter.

Issuer:	Citigroup Funding Inc.
Issue:	Trigger jump securities
Underlying index:	S&P 500
Amount:	$14,455,000
Maturity:	Aug. 27, 2015
Coupon:	0%
Price:	Par of $10
Payout at maturity:	If final index level is greater than initial index level, par plus greater of 19% and index return; par if final index level is greater than or equal to trigger level but less than or equal to initial level; full exposure to index decline if final index level is less than trigger level
Initial index level:	1,399.48
Trigger level:	909.662, 65% of initial level
Pricing date:	Aug. 30
Settlement date:	Sept. 5
Underwriter:	Citigroup Global Markets Inc.
Fees:	3%
Cusip:	17318Q632

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