By Jennifer Chiou
New York, May 26 - Citigroup Funding Inc. priced $5.64 million of 0.5% market-linked notes due Nov. 23, 2016 linked to the Dow Jones Industrial Average, according to a 424B2 filing with the Securities and Exchange Commission.
Interest is payable semiannually.
If the index return is positive, the payout at maturity will be par plus 60% of the index return. Investors will receive a minimum of par.
Citigroup Global Markets Inc. is the underwriter.
| Issuer: | Citigroup Funding Inc.
|
| Issue: | Market-linked notes
|
| Underlying index: | Dow Jones Industrial Average
|
| Amount: | $5.64 million
|
| Maturity: | Nov. 23, 2016
|
| Coupon: | 0.5%, payable semiannually
|
| Price: | Par
|
| Payout at maturity: | Par plus 60% of index gain; floor of par
|
| Initial level: | 12,356.21
|
| Pricing date: | May 24
|
| Settlement date: | May 27
|
| Underwriter: | Citigroup Global Markets Inc.
|
| Fees: | 3%
|
| Cusip: | 1730T0MG1
|
© 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.
