Citigroup plans to price jump securities linked to Symantec stock

By Marisa Wong

Madison, Wis., Sept. 17 - Citigroup Funding Inc. plans to price 0% jump securities due March 23, 2011 linked to the common stock of Symantec Corp., according to a 424B2 filing with the Securities and Exchange Commission.

If the final share price is greater than the initial price, the payout at maturity will be par of $10 plus an upside payment of 8% to 12% that will be set at pricing.

If the final share price is less than the initial price, investors will be fully exposed to the decline.

The Cusip for the securities is 17316G818.

Citigroup Global Markets Inc. is the underwriter. It will pay selling concessions to Morgan Stanley Smith Barney LLC.

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