2008-02-13reuters.com

The facility, if tapped, would provide additional capital should the market value of junior notes in the SIVs approach zero, Citigroup spokesman Jon Diat said in a statement.

Citigroup in December brought $49 billion of SIVs onto its balance sheet, after a lack of investor demand derailed an attempt to create a "super-SIV" to help sell those securities.



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