Issuer Free Writing Prospectus
Filed Pursuant to Rule 433
Registration Statement Nos. 333-172554 and 333-172554-01
CitiFirst Structured Investments
Offerings Brochure for Citi Personal Wealth Management
September 2011
For all offerings documented herein (other than the Market-Linked Certificates of Deposit):
Investment Products Not FDIC Insured May Lose Value No Bank Guarantee
September 13, 2011
DEPOSITS CERTIFICATES NOTES
CITI
2 |
Table of Contents
Introduction to CitiFirst Structured Investments |
3 | |||
CitiFirst Protection Investments | ||||
Market-Linked Notes Based on the Value of the S&P MidCap 400® | 4 | |||
5 | ||||
Non-Callable Fixed to Floating Rate Notes | 6 | |||
CitiFirst Performance Investments | ||||
ELKS® Based Upon the Common Stock of Chesapeake Energy Corporation (CHK). |
7 | |||
ELKS® Based Upon the Market VectorsSM Gold Miners Exchange-Traded Fund (GDX) |
8 | |||
ELKS® Based Upon the Common Stock of American Express Company (AXP). |
9 | |||
Buffered Digital Plus Notes based upon the S&P 500® Index . |
10 | |||
General Overview of Structures |
11 | |||
Important Information for the Monthly Offerings |
12 | |||
Overview of Key Benefits and Risks of Structured Investments |
13 | |||
Additional Considerations |
14 |
3 |
Introduction to CitiFirst
Structured Investments
CitiFirst is the brand name for Citis offering of structured investments including notes, deposits, and certificates. Tailored to meet the needs of a broad range of investors, CitiFirst structured investments are divided into three categories based on the amount of principal due at maturity:
|
CitiFirst Protection Full principal amount due at maturity |
Investments provide for the full principal amount to be due at maturity, subject to the credit risk of the issuer or guarantor, and are for investors who place a priority on the preservation of principal while looking for a way to potentially outperform cash or traditional fixed income investments | ||
|
CitiFirst Performance Payment due at maturity may be less than the principal amount |
Investments provide for a payment due at maturity that may be less than the principal amount and in some cases may be zero, and are for investors who are seeking the potential for current income and/or growth, in addition to partial or contingent downside protection | ||
|
CitiFirst Opportunity Payment due at maturity may be zero |
Investments provide for a payment at maturity that may be zero and are for investors who are willing to take full market risk in return for either leveraged principal appreciation at a predetermined rate or access to a unique underlying strategy |
All returns and any principal amount due at maturity are subject to the applicable issuer or guarantor credit risk, with the exception of the Market-Linked Certificates of Deposit which has FDIC insurance, subject to applicable limitations.
CitiFirst operates across all asset classes meaning that underlying assets include equities, commodities, currencies, interest rates and alternative investments. When depicting a specific product, the relevant underlying asset will be shown as a symbol on the cube:
For instance, if a CitiFirst Performance investment were based upon a single stock, which belongs to an equity asset class, its symbol would be shown as follows: |
Classification of structured investments into categories is not intended to guarantee particular results or performance. Though the potential returns on structured investments are based upon the performance of the relevant underlying asset or index, investing in a structured investment is not equivalent to investing directly in the underlying asset or index.
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Market-Linked Notes Based on the Value of the S&P MidCap 400® |
Indicative Terms*
Issuer: |
Citigroup Funding Inc. | |
Guarantee: |
Any payments due on the notes are guaranteed by Citigroup Inc., Citigroup Funding Inc.s parent company. | |
Issue price: |
$1,000 per note | |
Pricing date: |
September , 2011 (expected to price on or about September 26, 2011). | |
Original issue date: |
September , 2011 (three days after the pricing date) | |
Maturity date: |
September 27, 2017 | |
Valuation dates: |
Quarterly on each December, March, June, and September (expected to be on or about the 27tth day of each month), beginning on December 27, 2011, and ending on September 22, 2017 | |
Interest: |
0.50% per annum, paid semi-annually | |
Interest payment date: |
Semi-annually on each March and September (expected to be the 26th day of each month), beginning on March , 2012 (expected to be March 26, 2012) and ending on the Maturity date. | |
Underlying index: |
S&P MidCap 400® | |
Payment at maturity: |
The principal payment at maturity per $1,000 note will equal: $1,000 + note return amount, which may be positive or zero. In no event will the payment at maturity be less than $1,000. | |
Principal due at maturity: |
Full principal amount due at maturity, subject to the credit risk of the Issuer and/or guarantor. | |
Note return amount: |
If the final index return percentage is greater than 0%, the note return amount for each note will equal the product of (a) $1,000, (b) the final index return percentage, and (c) a participation rate of [80% to 90%] (to be determined on the pricing date). If the final index return percentage is less than or equal to 0%, the note return amount for each note will equal zero. | |
Participation rate: |
[80.00 - 90.00]% (to be determined on the Pricing Date) | |
Interim index return percentage: |
On each valuation date:
Ending Index Value Starting Index Value Starting Index Value | |
Final index return percentage: |
The arithmetic average of the 22 Interim Index Return Percentages | |
Starting index value: |
The closing value of the underlying index on the pricing date | |
Ending index value: |
The closing value of the underlying index on the relevant valuation date | |
CUSIP: |
1730T0NS4 | |
Listing: |
The notes will not be listed on any securities exchange. | |
Selling Concession: |
up to 3.50% |
Investor Profile
Investor Seeks:
¡ | Full principal amount due at maturity subject to the credit risk of the guarantor |
¡ | Exposure to the S&P MidCap 400® |
¡ | A medium-term equity index-linked investment |
Investor Can Accept:
¡ | A holding period of approximately 6.0 years |
¡ | The possibility of losing part or all of the principal amount invested if not held to maturity |
¡ | Please review the Risk Factors Relating to the Notes section of the applicable Pricing Supplement for a complete description of the risks associated with this investment |
For questions, please call your Financial Advisor
*The information listed above is not intended to be a complete description of all of the terms, risks and benefits of a particular investment. All maturities are approximate. All terms in brackets are indicative only and will be set on the applicable pricing date. All returns and any principal amount due at maturity are subject to the applicable issuer or guarantor credit risk, with the exception of the Market-Linked Certificates of Deposit which has FDIC insurance, subject to applicable limitations. Please refer to the relevant investments offering documents and related material(s) for additional information.
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6 |
Non-Callable Fixed to Floating Rate Notes |
Indicative Terms*
Issuer: |
Citigroup Funding Inc. | |
Guarantee: |
Any payments due on the notes are guaranteed by Citigroup Inc., Citigroup Funding Inc.s parent company. | |
Issue price: |
$1,000 per note | |
Pricing date: |
September , 2011 (expected to price on or about September 26, 2011). | |
Original issue date: |
September , 2011 (three days after the pricing date) | |
Maturity date: |
September , 2016, (expected to be September 29, 2016) if any payment relating to the notes is required to be made on the stated maturity date and the stated maturity date is not a business day, then such payment may be made on the next succeeding business day, which shall be known as the effective maturity date, with the same force and effect as if it had been made on the stated maturity date. No additional interest will accrue as a result of delayed payment. | |
Payment at maturity: |
The principal payment at maturity per $1,000 note will equal: $1,000 + any accrued or unpaid interest In no event will the payment at maturity be less than $1,000. | |
Quarterly interest payment: |
The product of $1,000 and the applicable interest rate per annum divided by 4. | |
Interest rate per annum: |
From and including the original issue date to but excluding September , 2012 (expected to be September 29, 2012): a fixed per annum rate of 3.25%. From and including September , 2012 (expected to be September 29, 2012), to but excluding the stated maturity date: a floating rate equal to three-month U.S. dollar LIBOR determined on the second London business day prior to the first day of the applicable interest period plus a spread of 1.35%, subject to a maximum rate of 7.00% per annum of for any interest period. | |
Interest payment dates: |
Quarterly on March and June , September , and December , (expected to be March 29, June 29, September 29 and December 29 respectively), beginning on December , 2011 (expected to be December 29, 2011) and ending on the stated maturity date. Interest will be payable to the persons in whose names the notes are registered at the close of business on the business day preceding each interest payment date. If an interest payment date falls on a day that is not a business day, the interest payment to be made on that interest payment date will be made on the next succeeding business day. | |
Interest calculation period: |
Each three-month period from and including an interest payment date to and including the day immediately preceding the next interest payment date. | |
Day count convention: |
30/360 Unadjusted | |
CUSIP: |
1730T0NU9 | |
Listing: |
The notes will not be listed on any securities exchange. | |
Selling Concession: |
up to 1.50% |
Investor Profile
Investor Seeks:
¡ | Full principal amount due at maturity subject to the credit risk of the guarantor |
¡ | Exposure to the three-month USD LIBOR |
¡ | A medium-term interest rate-linked investment |
Investor Can Accept:
¡ | A holding period of approximately 5.0 years |
¡ | The possibility of losing part or all of the principal amount invested if not held to maturity |
¡ | Please review the Risk Factors Relating to the Notes section of the applicable Pricing Supplement for a complete description of the risks associated with this investment |
For questions, please call your Financial Advisor
*The information listed above is not intended to be a complete description of all of the terms, risks and benefits of a particular investment. All maturities are approximate. All terms in brackets are indicative only and will be set on the applicable pricing date. All returns and any principal amount due at maturity are subject to the applicable issuer or guarantor credit risk, with the exception of the Market-Linked Certificates of Deposit which has FDIC insurance, subject to applicable limitations. Please refer to the relevant investments offering documents and related material(s) for additional information.
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ELKS® Based Upon the Common Stock of Chesapeake Energy Corporation (CHK) |
Indicative Terms*
Issuer: |
Citigroup Funding Inc. | |
Guarantee: |
Any payments due on the ELKS are guaranteed by Citigroup Inc., Citigroup Funding Inc.s parent company; however, you may receive an amount at maturity that is less than the stated principal amount of your initial investment. | |
Issue price: |
$10 per ELKS | |
Underlying equity: |
The Common Stock of Chesapeake Energy Corporation (NYSE symbol: CHK) | |
Pricing date: |
September , 2011 (expected to price on or about September 26, 2011, or if such day is not a scheduled trading day, the next succeeding scheduled trading day). | |
Issue date: |
September , 2011 (three business days after the pricing date). | |
Maturity date: |
March , 2012 (expected to be on or about March 21, 2012) | |
Valuation date: |
March , 2012 (expected to be three trading days before the Maturity date) | |
Principal due at maturity*: |
Payment at maturity may be less than the principal amount | |
Coupon: |
[11.00 % to 13.00 %] per annum (approximately [5.50 % to 6.50 %] for the term of the ELKS) paid monthly and computed on the basis of a 360-day year of twelve 30-day months | |
Downside threshold closing price: |
$ (80.00 % of the initial equity price). | |
Initial equity price: |
$ , the closing price of the underlying equity on the pricing date. | |
Payment at maturity: |
For each $10 ELKS: (1) a fixed number of shares of the underlying equity equal to the equity ratio (or, if you exercise your cash election right, the cash value of those shares based on the closing price of the underlying equity on the valuation date) if the closing price of the underlying equity on any trading day from but excluding the pricing date to and including the valuation date declines to or below the downside threshold closing price (to be determined on the pricing date), or
(2) $10 in cash. | |
Equity ratio: |
The stated principal amount divided by the initial equity price, subject to anti-dilution adjustments for certain corporate events. The equity ratio will be determined on the pricing date. | |
Listing: |
The ELKS will not be listed on any securities exchange. | |
CUSIP: |
17317U634 | |
Selling Concession: |
up to 1.50 % |
Investor Profile
Investor Seeks:
n Monthly fixed coupon
n Contingent downside protection of approximately 20%
n A short-term equity-linked investment
Investor Can Accept:
n A holding period of approximately 6 months
n The possibility of losing part or all of the principal amount invested
n Please review the Key Risk Factors section of the applicable Offering Summary for a complete description of the risks associated with this investment
For questions, please call your Financial Advisor
*The information listed above is not intended to be a complete description of all of the terms, risks and benefits of a particular investment. All maturities are approximate. All terms in brackets are indicative only and will be set on the applicable pricing date. All returns and any principal amount due at maturity are subject to the applicable issuer or guarantor credit risk, with the exception of Market-Linked Certificates of Deposit which has FDIC insurance, subject to applicable limitations. Please refer to the relevant investments offering documents and related material(s) for additional information.
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ELKS® Based Upon the Market VectorsSM Gold Miners Exchange-Traded Fund (GDX) |
Indicative Terms*
Issuer: |
Citigroup Funding Inc. | |
Guarantee: |
Any payments due on the ELKS are guaranteed by Citigroup Inc., Citigroup Funding Inc.s parent company; however, you may receive an amount at maturity that is less than the stated principal amount of your initial investment. | |
Issue price: |
$10 per ELKS | |
Underlying shares: |
Shares of the Market VectorsSM Gold Miners ETF (NYSE ARCA symbol: GDX) | |
Share underlying index: |
NYSE Arca Gold Miners Index | |
Pricing date: |
September , 2011 (expected to price on or about September 26, 2011, or if such day is not a scheduled trading day, the next succeeding scheduled trading day). | |
Issue date: |
September , 2011 (three business days after the pricing date). | |
Maturity date: |
March , 2012 (expected to be on or about March 21, 2012) | |
Valuation date: |
March , 2012 (expected to be three trading days before the maturity date) | |
Principal due at maturity*: |
Payment at maturity may be less than the principal amount | |
Coupon: |
[7.00 % to 9.00 %] per annum (approximately [3.50 % to 4.50 %] for the term of the ELKS) (to be determined on the pricing date), paid monthly and computed on the basis of a 360-day year of twelve 30-day months. | |
Downside threshold closing price: |
$ (80.00 % of the initial equity price). | |
Initial equity price: |
$ , the closing price of the underlying equity on the pricing date. | |
Payment at maturity: |
For each $10 ELKS: (1) a fixed number of shares of the underlying equity equal to the equity ratio (or, if you exercise your cash election right, the cash value of those shares based on the closing price of the underlying equity on the valuation date) if the closing price of the underlying equity on any trading day from but excluding the pricing date to and including the valuation date declines to or below the downside threshold closing price (to be determined on the pricing date), or
(2) $10 in cash. | |
Equity ratio: |
The stated principal amount divided by the initial equity price, subject to anti-dilution adjustments for certain corporate events. The equity ratio will be determined on the pricing date. | |
Listing: |
The ELKS will not be listed on any securities exchange. | |
CUSIP: |
17317U642 | |
Selling Concession: |
up to 1.50 % |
Investor Profile
Investor Seeks:
n | Monthly Fixed Coupon |
n | Contingent downside protection of approximately 20% |
n | A short-term equity index-linked investment |
Investor Can Accept:
n | A holding period of approximately 6 months |
n | The possibility of losing part or all of the principal amount invested |
n | Please review the Key Risk Factors section of the applicable Offering Summary for a complete description of the risks associated with this investment |
For questions, please call your Financial Advisor
*The information listed above is not intended to be a complete description of all of the terms, risks and benefits of a particular investment. All maturities are approximate. All terms in brackets are indicative only and will be set on the applicable pricing date. All returns and any principal amount due at maturity are subject to the applicable issuer or guarantor credit risk, with the exception of Market-Linked Certificates of Deposit which has FDIC insurance, subject to applicable limitations. Please refer to the relevant investments offering documents and related material(s) for additional information.
9 |
ELKS® Based Upon the Common Stock of American Express Company (AXP) |
Indicative Terms*
Issuer: |
Citigroup Funding Inc. | |
Guarantee: |
Any payments due on the ELKS are guaranteed by Citigroup Inc., Citigroup Funding Inc.s parent company; however, you may receive an amount at maturity that is less than the stated principal amount of your initial investment. | |
Issue price: |
$10 per ELKS | |
Underlying equity: |
The Common Stock of American Express Company (NYSE symbol: AXP) | |
Pricing date: |
September , 2011 (expected to price on or about September 26, 2011, or if such day is not a scheduled trading day, the next succeeding scheduled trading day). | |
Issue date: |
September , 2011 (three business days after the pricing date). | |
Maturity date: |
March , 2012 (expected to be on or about March 21, 2012) | |
Valuation date: |
March , 2012 (expected to be three trading days before the Maturity date) | |
Principal due at maturity*: |
Payment at maturity may be less than the principal amount | |
Coupon: |
[9.00 % to 11.00 %] per annum (approximately [4.50 % to 5.50 %] for the term of the ELKS) paid monthly and computed on the basis of a 360-day year of twelve 30-day months | |
Downside threshold closing price: |
$ (80.00 % of the initial equity price). | |
Initial equity price: |
$ , the closing price of the underlying equity on the pricing date. | |
Payment at maturity: |
For each $10 ELKS: | |
(1) a fixed number of shares of the underlying equity equal to the equity ratio (or, if you exercise your cash election right, the cash value of those shares based on the closing price of the underlying equity on the valuation date) if the closing price of the underlying equity on any trading day from but excluding the pricing date to and including the valuation date declines to or below the downside threshold closing price (to be determined on the pricing date), or
(2) $10 in cash. | ||
Equity ratio: |
The stated principal amount divided by the initial equity price, subject to anti-dilution adjustments for certain corporate events. The equity ratio will be determined on the pricing date. | |
Listing: |
The ELKS will not be listed on any securities exchange. | |
CUSIP: |
17317U626 | |
Selling Concession: |
up to 1.50 % |
Investor Profile
Investor Seeks:
n Monthly fixed coupon
n Contingent downside protection of approximately 20%
n A short-term equity-linked investment
Investor Can Accept:
n A holding period of approximately 6 months
n The possibility of losing part or all of the principal amount invested
n Please review the Key Risk Factors section of the applicable Offering Summary for a complete description of the
risks associated with this investment
For questions, please call your Financial Advisor
*The information listed above is not intended to be a complete description of all of the terms, risks and benefits of a particular investment. All maturities are approximate. All terms in brackets are indicative only and will be set on the applicable pricing date. All returns and any principal amount due at maturity are subject to the applicable issuer or guarantor credit risk, with the exception of Market-Linked Certificates of Deposit which has FDIC insurance, subject to applicable limitations. Please refer to the relevant investments offering documents and related material(s) for additional information.
10 |
Buffered Digital Plus Notes Based Upon the S&P 500® Index |
Indicative Terms*
Issuer: |
Citigroup Funding Inc. | |
Guarantee: |
Any payments due on the notes are guaranteed by Citigroup Inc., Citigroup Funding Inc.s parent company; however, because the return of the stated principal amount of your investment at maturity is not guaranteed, you may receive a payment at maturity with a value less than the amount you initially invest. | |
Issue price: |
$1000 per note | |
Underlying index: |
S&P 500® Index (Bloomberg Symbol: SPX) | |
Pricing date: |
September , 2011 (expected to price on or about September 26, 2011, or if such day is not a scheduled index business day, the next succeeding index business day). | |
Original issue date: |
September , 2011 (three business days after the pricing date) | |
Maturity date: |
March , 2015 (expected to be March 27, 2015) | |
Valuation date: |
March 24, 2015, subject to postponement for non-index business days and certain market disruption events. | |
Payment at maturity: |
If the final index value is greater than the initial index value, $1,000 + the greater of (i) upside payment and (ii) $1,000 x index percent increase If the final index value is less than or equal to the initial index value but has decreased from the initial index value by an amount less than or equal to the buffer amount of 10%, $1,000 If the final index value is less than the initial index value and has decreased from the initial index value by an amount greater than the buffer amount of 10%, ($1,000 x index performance factor) + $100 This amount will be less than the stated principal amount of $1000. However, under no circumstances will the payment at maturity be less than $100 per note, subject to the credit risk or the Issuer and/or Guarantor | |
Buffer amount: |
10 % | |
Upside payment: |
[$300.00 to $350.00] per note (30% to 35%) (actual return percentage to be determined on the pricing date). | |
Index percent increase: |
(final index value initial index value) / initial index value | |
Initial index value: |
The index closing value on the pricing date | |
Final index value: |
The index closing value on the valuation date | |
Listing: |
None | |
CUSIP: |
1730T0NR6 | |
Selling Concession: |
up to 2.25 % |
Investor Profile
Investor Seeks:
n Exposure to the S&P 500® Index
n Contingent interest
n A medium-term equity index-linked investment
Investor Can Accept:
n A holding period of approximately 3.5 Years
n The possibility of losing part or all of the principal amount invested
n Please review the Key Risk Factors section of the applicable Offering Summary for a complete description of the
risks associated with this investment
For questions, please call your Financial Advisor
*The information listed above is not intended to be a complete description of all of the terms, risks and benefits of a particular investment. All maturities are approximate. All terms in brackets are indicative only and will be set on the applicable pricing date. All returns and any principal amount due at maturity are subject to the applicable issuer or guarantor credit risk, with the exception of Market-Linked Certificates of Deposit which has FDIC insurance, subject to applicable limitations. Please refer to the relevant investments offering documents and related material(s) for additional information.
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General Overview of Structures
Investments | Maturity | Risk Profile* | Return* | |||
Contingent Absolute Return MLDs/Notes |
1-2 Years | Full principal amount due at maturity |
If the underlying never crosses either an upside or downside threshold, the return on the investment equals the absolute value of the return of the underlying; Otherwise the return equals zero | |||
Contingent Upside Participation MLDs/Notes |
1-3 Years | Full principal amount due at maturity |
If the underlying crosses an upside threshold, the return on the investment equals an interest payment paid at maturity; Otherwise the return equals the greater of the return of the underlying and zero | |||
Minimum Coupon Notes |
3-5 Years | Full principal amount due at maturity |
If the underlying ever crosses an upside threshold during a coupon period, the return for the coupon period equals the minimum coupon; Otherwise the return for a coupon period equals the greater of the return of the underlying during the coupon period and the minimum coupon | |||
Safety First Trust Certificates |
3-6 Years | Full principal amount due at maturity |
The return on the investment equals the greater of the return of the underlying multiplied by a participation rate and zero; sometimes the maximum return is capped |
Investments | Maturity | Risk Profile* | Return* | |||
ELKS® | 6-13 Months |
Payment at maturity may be less than the principal amount | A fixed coupon is paid regardless of the performance of the underlying. If the underlying never crosses a downside threshold, the return on the investment equals the coupons paid; Otherwise the return equals the sum of the coupons paid and the return of the underlying at maturity | |||
Buffer Notes | 1-2 Years | Payment at maturity may be less than the principal amount | If the return of the underlying is positive at maturity, the return on the investment equals the lesser of (a) the return of the underlying multiplied by a participation rate and (b) the maximum return on the notes; Otherwise, the return equals the lesser of (a) the return of the underlying plus the buffer amount and (b) zero | |||
PACERSSM | 1-3 Years | Payment at maturity may be less than the principal amount | If the underlying is equal to or greater than a threshold (such as its initial value) on any call date, the note is called and the return on the investment equals a fixed premium. If the note has not been called, at maturity, if the underlying has crossed a downside threshold, the return on the investment equals the return of the underlying, which will be negative; Otherwise the return equals zero | |||
LASERSSM | 3-4 Years | Payment at maturity may be less than the principal amount | If the return of the underlying is positive at maturity, the return on the investment equals the return of the underlying multiplied by a participation rate (some versions are subject to a maximum return on the notes). If the return of the underlying is negative and the underlying has crossed a downside threshold, the return on the investment equals the return of the underlying, which will be negative; Otherwise the return equals zero |
Investments | Maturity | Risk Profile* | Return* | |||
Upturn Notes | 1-2 Years | Payment at maturity may be zero | If the underlying is up at maturity, the return on the investment equals the lesser of the return of the underlying multiplied by a participation rate and the maximum return on the notes; Otherwise the return equals the return of the underlying | |||
Fixed Upside Return Notes |
1-2 Years | Payment at maturity may be zero | If the underlying is equal to or above its initial level at maturity, the return on the investment equals a predetermined fixed amount; Otherwise the return equals the return of the underlying | |||
Strategic Market Access Notes |
3-4 Years | Payment at maturity may be zero | The return on the investment equals the return of a unique index created by Citi |
*All returns and any principal amount due at maturity are subject to the applicable issuer or guarantor credit risk, with the exception of Market-Linked Certificates of Deposit which has FDIC insurance, subject to applicable limitations. This is not a complete list of CitiFirst structures. The descriptions above are not intended to completely describe how an investment works or to detail all of the terms, risks and benefits of a particular investment. The return profiles can change. Please refer to the offering documents and related material(s) of a particular investment for a comprehensive description of the structure, terms, risks and benefits related to that investment.
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Important Information for the Monthly Offerings
Investment Information
The investments set forth in the previous pages are intended for general indication only of the CitiFirst Structured Investments offerings. The issuer reserves the right to terminate any offering prior to its pricing date or to close ticketing early on any offering.
SEC Registered (Public) Offerings
Each issuer and guarantor, if applicable, has separately filed a registration statement (including a prospectus) with the Securities and Exchange Commission (the SEC) for the SEC registered offerings by that issuer or guarantor, if applicable, to which this communication relates. Before you invest in any of the registered offerings identified in this Offerings Brochure, you should read the prospectus in the applicable registration statement and the other documents the issuer and guarantor, if applicable, have filed with the SEC for more complete information about that issuer, the guarantor, if applicable, and offerings. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov.
For Registered Offerings Issued by: Citigroup Funding Inc.
Issuers Registration Statement Number: 333-172554
Issuers CIK on the SEC Website: 0001318281
Alternatively, you can request a prospectus and any other documents related to the offerings, either in hard copy or electronic form, by calling toll-free 1-877-858-5407 or by calling your Financial Advisor.
The SEC registered securities described herein are not bank deposits but are senior, unsecured debt obligations of the issuer. The SEC registered securities are not insured or guaranteed by the Federal Deposit Insurance Corporation (FDIC) or any other governmental agency or instrumentality.
Market-Linked Certificates of Deposit
The Market-Linked Deposits (MLDs) are not SEC registered offerings and are not required to be so registered. For indicative terms and conditions on any MLD, please contact your Financial Advisor or call the toll-free number 1-877-858-5407.
13 |
Overview of Key Benefits
and Risks of Structured Investments
14 |
Additional Considerations
Please note that the information contained in this brochure is current as of
The structured investments discussed within this brochure are not suitable
Tax Disclosure
Citigroup Global Markets Inc., its affiliates and employees do not provide
ERISA and IRA Purchase Considerations
Employee benefit plans subject to ERISA, entities the assets of which are
However, individual retirement accounts, individual retirement annuities
Distribution Limitations and Considerations
This
document may not be distributed in any jurisdiction where it is
WARNING TO INVESTORS IN HONG KONG ONLY: The contents of this |
This offer is not being made in Hong Kong, by means of any document,
There is no advertisement, invitation or
document relating to structured
WARNING TO INVESTORS IN SINGAPORE ONLY: This document has
(a) a corporation
(which is not an accredited investor) the sole business
(b) a trust (other than a trust the trustee of which is an accredited
(i) the transfer is made only to
institutional investors, or relevant persons
(ii) no consideration is or will be given for the transfer; or
(iii) the transfer is by operation of law. |
15 |
Notes
At Citi, our talented professionals are dedicated to delivering innovative value added investments and services to our clients across the globe. Our teams in structuring, marketing, sales and trading are focused on educating at educating our distribution partners and putting clients first.
To discuss CitiFirst structured investment ideas and strategies, Financial Advisors, Private Bankers and other distribution partners may call our sales team. Private Investors should call their financial advisor or private banker.
Client service number for Financial Advisors and Distribution Partners in the Americas: +1 (212) 723-7005 and +1 (212) 723-7288
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