 | Pricing Sheet No. 2012—MTNDG0309 dated November 29, 2012 relating to Preliminary Pricing Supplement No. 2012—MTNDG0309 dated November 2, 2012 Registration Statement Nos. 333-172554 and 333-172554-01 Filed Pursuant to Rule 433 |
425,000 Buffered PLUS Based on the S&P 500® Index Due December 4, 2014
Buffered Performance Leveraged Upside SecuritiesSM
| PRICING TERMS – NOVEMBER 29, 2012 | |
| Index: | S&P 500® Index |
| Aggregate principal amount: | $4,250,000 |
| Stated principal amount: | $10 per security |
| Pricing date: | November 29, 2012 |
| Issue date: | December 4, 2012 |
| Valuation date: | December 1, 2014, subject to postponement if such date is not a scheduled trading day or if certain market disruption events occur |
| Maturity date: | December 4, 2014 |
| Payment at maturity: | For each $10 security you hold at maturity: ▪ If the final index level is greater than or equal to the initial index level: $10 + the leveraged return amount, subject to the maximum return at maturity ▪ If the final index level is less than the initial index level by an amount less than or equal to the buffer amount: $10 ▪ If the final index level is less than the initial index level by an amount greater than the buffer amount: ($10 × the index performance factor) + $1.00 If the final index level declines from the initial index level by more than 10%, your payment at maturity will be less, and possibly significantly less, than the $10 stated principal amount per security. You should not invest in the securities unless you are willing and able to bear the risk of losing a significant portion of your investment. |
| Initial index level: | 1,415.95, the closing level of the index on the pricing date |
| Final index level: | The closing level of the index on the valuation date |
| Leveraged return amount: | $10 × index percent increase × leverage factor |
| Index percent increase: | (final index value – initial index value) / initial index value |
| Leverage factor: | 200% |
Maximum return at maturity: | 15%. Because of the maximum return at maturity, the payment at maturity will not exceed $11.50 per security. |
| Index performance factor: | final index value / initial index value |
| Buffer amount: | 10% |
| Listing: | The securities will not be listed on any securities exchange. |
| CUSIP / ISIN: | 17318Q442 / US17318Q4423 |
| Underwriter: | Citigroup Global Markets Inc., an affiliate of the issuer, acting as principal |
| Underwriting fee and issue price: | Price to public(1) | Underwriting fee(1) | Proceeds to issuer |
| Per security: | $10.000 | $0.225 | $9.775 |
| Total: | $4,250,000 | $95,625 | $4,154,375 |
(1) The price to public for a particular investor and the related underwriting fee received by Citigroup Global Markets Inc. may be reduced for volume purchase discounts depending on the aggregate amount of securities purchased by that investor. The lowest price payable by an investor is $9.925 per security. For more information on the distribution of the securities, see “Supplemental Plan of Distribution” in the related preliminary pricing supplement. In addition to the underwriting fee, Citigroup Global Markets Inc. and its affiliates may profit from expected hedging activity related to this offering, even if the value of the securities declines. See “Use of Proceeds and Hedging” in the accompanying prospectus.
You should read this document together with the preliminary pricing supplement describing this offering and the accompanying product supplement, underlying supplement, prospectus supplement and prospectus, each of which can be accessed via the hyperlinks below.
The securities are not bank deposits and are not insured or guaranteed by the Federal Deposit Insurance Corporation or any other governmental agency, nor are they obligations of, or guaranteed by, a bank.
“Standard & Poor’s®,” “S&P®,” “S&P 500®,” “Standard & Poor’s 500” and “500” are trademarks of The McGraw-Hill Companies, Inc. and have been licensed for use by Citigroup Funding Inc. and its affiliates. The securities are not sponsored, endorsed, sold or promoted by Standard & Poor’s or The McGraw-Hill Companies and neither makes any representation or warranty regarding the advisability of investing in the securities.
Citigroup Funding Inc., the issuer, and Citigroup Inc., the guarantor, have filed a registration statement (including a product supplement, underlying supplement, prospectus supplement and prospectus) with the Securities and Exchange Commission (“Commission”) for the offering to which this communication relates. You should read the product supplement, underlying supplement, prospectus supplement and prospectus in that registration statement (File Nos. 333-172554 and 333-172554-01) and the other documents Citigroup Funding Inc. and Citigroup Inc. have filed with the Commission for more complete information about Citigroup Funding Inc., Citigroup Inc. and this offering. You may get these documents for free by visiting EDGAR on the Commission’s website at www.sec.gov. Alternatively, you can request the related product supplement, underlying supplement, prospectus supplement and prospectus by calling toll-free 1-877-858-5407.