Citigroup to price geared buffer securities linked to Euro Stoxx 50

By Toni Weeks

San Luis Obispo, Calif., June 12 – Citigroup Funding Inc. plans to price 0% geared buffer securities due July 2, 2018 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the final index level is greater than the initial level, the payout at maturity will be par plus 130% to 140% of the index return, with the exact participation rate set at pricing.

Investors will receive par for losses up to 20% and will share in losses at a rate of 1.25% per 1% drop beyond 20%.

The notes (Cusip: 1730T0S83) are expected to price June 27 and settle three business days later.

Citigroup Global Markets Inc. is the agent.

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