Citigroup to price jump securities on iShares Dow Jones Real Estate

By Toni Weeks

San Luis Obispo, Calif., April 3 - Citigroup Inc. plans to price 0% jump securities due May 5, 2015 linked to the iShares Dow Jones U.S. Real Estate index fund, according to a 424B2 filing with the Securities and Exchange Commission.

If the final share price is greater than or equal to the initial share price, the payout at maturity will be par plus a fixed return of 21.5% to 24.5%, or $2.15 to $2.45 per $10.00 note.

Investors will be fully exposed to losses.

The notes (Cusip: 1730T0SU4) are expected to price April 30 and settle three business days later.

Citigroup Global Markets Inc. will be the agent.

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