Citigroup plans digital notes linked to Financial Select Sector SPDR

By Susanna Moon

Chicago, May 3 - Citigroup Funding Inc. plans to price 0% digital securities due June 4, 2015 linked to the Financial Select Sector SPDR fund, according to a 424B2 filing with the Securities and Exchange Commission.

If the index finishes above its initial level, the payout at maturity will be par plus a fixed return of 18% to 20%.

Otherwise, investors will share in any losses.

Citigroup Global Markets Inc. is the underwriter.

The notes will price on May 30 and settle three days later.

The Cusip number is 1730T0TD1.

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