Citigroup plans to price jump securities linked to Apple stock

By Marisa Wong

Madison, Wis., Sept. 3 - Citigroup Inc. plans to price 0% jump securities due March 11, 2015 linked to the common stock of Apple Inc., 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 of $10 plus a fixed return amount that is expected to be $3.30 and will be set at pricing. If the final share price is less than the initial share price, investors will be fully exposed to the decline.

Citigroup Global Markets Inc. is the agent.

The notes are expected to price on Sept. 6 and settle three business days after that.

The Cusip number is 17321F409.

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