By E. Janene Geiss
Philadelphia, Aug. 27 - Citigroup Funding Inc. priced $6.07 million of zero-coupon principal-protected notes due Feb. 27, 2012 linked to the performance of the Brazilian real versus the dollar, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par of $10 plus any gain in the real against the dollar.
Investors will receive at least par.
Citigroup Global Markets Inc. is the underwriter.
| Issuer: | Citigroup Funding Inc.
|
| Issue: | Principal-protected notes
|
| Underlying currency: | Brazilian real
|
| Amount: | $6,065,000
|
| Maturity: | Feb. 27, 2012
|
| Coupon: | 0%
|
| Price: | Par of $10
|
| Payout at maturity: | Par plus any gain on the real versus the dollar; floor of par
|
| Initial exchange rate: | 0.542918 dollars per real
|
| Pricing date: | Aug. 25
|
| Settlement date: | Aug. 28
|
| Underwriter: | Citigroup Global Markets Inc.
|
| Fees: | 2.25%
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
