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Published on 12/17/2010 in the Prospect News Structured Products Daily.

New Issue: Goldman prices $68 million add-on to notes tied to Topix for Eksportfinans

By Susanna Moon

Chicago, Dec. 17 - Eksportfinans ASA priced another $68 million of 0% equity index-linked notes due April 16, 2012 linked to the Topix index via Goldman Sachs & Co., according to a 424B2 filing with the Securities and Exchange Commission.

The issuer priced the add-on at 101.95 and the original issue at 99.9.

This brings the total deal size to $174.16 million, up from $106.16 million.

The payout at maturity will be par plus the index return, which could be positive or negative.

Issuer:Eksportfinans ASA
Issue:Equity index-linked notes
Underlying index:Topix
Amount:$174.16 million, up from $106,159,000
Maturity:April 16, 2012
Coupon:0%
Price:99.9 for $106,159,000; 101.95 for $68,001,000
Payout at maturity:Par plus index return
Initial index level:883.81
Pricing dates:Dec. 8 for $106,159,000; Dec. 16 for $68,001,000
Settlement dates:Dec. 15 for $106,159,000; Dec. 23 for $68,001,000
Underwriter:Goldman Sachs & Co.
Fees:0.25%
Cusip:282645340

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