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Citigroup plans partial principal at risk notes tied to Dow Industrials
By Angela McDaniels
Tacoma, Wash., Aug. 3 - Citigroup Funding Inc. plans to price 0% market-linked partial principal at risk notes due 2017 linked to the Dow Jones Industrial Average, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus the index return, subject to a minimum payout of $9 per $10 principal amount of notes.
The notes (Cusip: 17317U717) will price in August.
Citigroup Global Markets Inc. is the underwriter.
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