FWP 1 y75577f2fwp.htm FREE WRITING PROSPECTUS FWP
Filed Pursuant to Rule 433
Registration Nos. 333-157386 and 333-157386-01
Citigroup Funding Inc.
FDIC-Guaranteed Medium-Term Notes due 2012
Final Term Sheet
March 23, 2009
             
Issuer:   Citigroup Funding Inc.
 
           
Guarantee:   Any payments due on the Notes are fully and unconditionally guaranteed by Citigroup Inc., Citigroup Funding’s parent company.
 
           
FDIC Guarantee:   This debt is guaranteed under the Federal Deposit Insurance Corporation’s Temporary Liquidity Guarantee Program and is backed by the full faith and credit of the United States. The details of the FDIC guarantee are provided in the FDIC’s regulations, 12 C.F.R. Part 370, and at the FDIC’s website, www.fdic.gov/tlgp. The expiration date of the FDIC’s guarantee is the earlier of the maturity date of the debt or June 30, 2012.
 
           
Rating of Issuer’s Obligations:   The Issuer’s FDIC-guaranteed senior debt is rated Aaa / AAA / AAA (Moody’s / S&P / Fitch), based on the FDIC guarantee.
 
           
Offering:   FDIC-Guaranteed Medium-Term Notes due 2012
 
           
Principal Amount Issued:   US $2,500,000,000
 
           
Pricing Date:   March 23, 2009
 
           
Settlement Date:   March 30, 2009 (T+5)
 
           
Maturity Date:   March 30, 2012
 
           
Issue Price:   100% of the principal amount
 
           
Underwriting Discount:   0.250%
 
           
Interest Rate:   Three-month USD-BBA-LIBOR Reuters LIBOR01 + 30 bps
 
           
Interest Reset Date:   Quarterly on each Coupon Payment Date
 
           
Coupon Payment Dates:   Quarterly on the 30th of each March, June, September, and December until maturity, with adjustment for period end dates on a modified following New York Business Day Convention
 
           
First Coupon Date:   June 30, 2009
 
           
Day Count Convention:   Actual/360
 
           
Accrue to Pay:   Yes
 
           
Interest Determination Dates:   The second London business day prior to each Interest Reset Date
 
           
Payment at Maturity:   100% of the principal amount
 
           
Early Redemption:   Not Callable
 
           
Calculation Agent:   Citibank, N.A.
 
           
Form and Denomination:   Registered Medium-Term Notes in minimum denomination and minimum increments of US$1,000.00
 
           
Clearing and Settlement:   DTC#274
 
           
Listing:   None

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Sole Lead Manager:
  Citigroup Global Markets Inc.   $ 2,050,000,000  
82%
           
 
           
Senior Co-Managers:
  Banc of America Securities LLC   $ 62,500,000  
2.5% each
  Deutsche Bank Securities Inc.   $ 62,500,000  
 
  Goldman, Sachs & Co.   $ 62,500,000  
 
  UBS Securities LLC   $ 62,500,000  
 
           
Junior Co-Managers:
  Barclays Capital Inc.   $ 25,000,000  
1% each
  BNP Paribas Securities Corp.   $ 25,000,000  
 
  CastleOak Securities, L.P.   $ 25,000,000  
 
  Credit Suisse Securities (USA) LLC   $ 25,000,000  
 
  Guzman & Company   $ 25,000,000  
 
  Loop Capital Markets, LLC   $ 25,000,000  
 
  Greenwich Capital Markets, Inc.   $ 25,000,000  
 
  The Williams Capital Group, L.P.   $ 25,000,000  
 
           
CUSIP:
  17314AAE2        
Citigroup Funding Inc., the issuer, and Citigroup Inc., the guarantor, have filed a registration statement (including a prospectus and prospectus supplement) with the Securities and Exchange Commission (‘SEC’) for the offering to which this communication relates. Before you invest, you should read the prospectus and prospectus supplement in that registration statement (File No. 333-157386) and the other documents Citigroup Funding and Citigroup have filed with the SEC for more complete information about Citigroup Funding, Citigroup and this offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov.
Alternatively, you can request the prospectus and prospectus supplement by calling toll-free 1-877-858-5407.

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