New Issue: Citigroup prices $8.75 million buffered digital notes tied to Russell

By Wendy Van Sickle

Columbus, Ohio, Jan. 7 – Citigroup Inc. priced $8.75 million of 0% buffered digital Russell 2000 index-linked notes due Dec. 6, 2017, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is at least negative 15%, the payout will be the maximum settlement amount of $1,131 for each $1,000 principal amount.

If the index return is less than negative 15%, investors will lose 1.1765% for each 1% decline beyond 15%.

Citigroup Global Markets Inc. is the underwriter.

Issuer:	Citigroup Funding Inc.
Issue:	Buffered digital index-linked notes
Underlying index:	Russell 2000
Amount:	$8.75 million
Maturity:	Dec. 6, 2017
Coupon:	0%
Price:	Par
Payout at maturity:	If final index level is at least 85% of initial level, $1,131 for each $1,000 principal; 1.1765% loss for each 1% decline beyond 15%.
Initial index level:	1,108.624
Pricing date:	Jan. 4
Settlement date:	Jan. 11
Underwriter:	Citigroup Global Markets Inc.
Fees:	1.4%
Cusip:	17298C5K0

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