New Issue: Citigroup prices $20 million 4.81% Elks exchangeable for Agilent

By Jennifer Chiou

New York, Sept. 20 - Citigroup Funding Inc. priced $20,004,480 of 4.81% Elks (equity-linked securities) due March 20, 2006 linked to Agilent Technologies Inc. common stock, according to a 424B3 filing with the Securities and Exchange Commission.

Issuer:	Citigroup Funding Inc.
Issue:	Elks (equity-linked securities) medium-term notes, series A
Underlying stock:	Agilent Technologies Inc.
Amount:	$20,004,480
Maturity:	March 20, 2006
Interest:	4.81%
Price:	Par of $33.12
Payout at maturity:	One share of Agilent stock, capped at $34.776 per $33.12 principal amount; floor of par in cash unless Agilent stock trades below 75% of the initial price
Pricing date:	Sept. 13
Settlement date:	Sept. 22
Underwriter:	Citigroup

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