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Goldman Sachs plans 18- to 21-month notes on S&P 500 for Eksportfinans
By Marisa Wong
Milwaukee, May 7 - Eksportfinans ASA plans to price 18- to 21-month 0% equity index-linked notes tied to the S&P 500 index via Goldman, Sachs & Co., according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus triple any index gain, subject to a maximum payment of $1,247.50 to $1,277.50 per $1,000 principal amount. The exact cap will be set at pricing.
Investors will be exposed to any index decline.
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