New Issue: Citigroup prices $4 million trigger performance notes linked to S&P 500

By Susanna Moon

Chicago, April 26 - Citigroup Funding Inc. priced $4 million of 0% trigger performance securities due April 30, 2015 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus 1.21 times any index gain.

Investors will receive par if the index falls by up to 40% and will be fully exposed to any losses if the index falls by more than 40%.

Citigroup Global Markets Inc. and UBS Financial Services Inc. are the agents.

Issuer:	Citigroup Funding Inc.
Issue:	Trigger performance securities
Underlying index:	S&P 500
Amount:	$3,998,870
Maturity:	April 30, 2015
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus 121% of any index gain; par if index falls by 40% or less; full exposure to losses if index drops below trigger level
Initial index level:	1,390.69
Trigger level:	834.41, 60% of initial level
Pricing date:	April 25
Settlement date:	April 30
Agents:	UBS Financial Services Inc. and Citigroup Global Markets Inc.
Fees:	2.5%
Cusip:	17318Q889

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