Natixis to price 33.1% reverse convertibles linked to InterOil for Eksportfinans

By Susanna Moon

Chicago, Nov. 5 - Agent Natixis Securities North America Inc. plans to price an issue of 33.1% reverse convertible notes due March 3, 2008 linked to the common stock of InterOil Corp. for issuer Eksportfinans ASA, according to an FWP filing with the Securities and Exchange Commission.

Interest will be payable monthly.

Payout at maturity will be par if the stock stays above 65% of its initial price during the life of the notes or finishes above its initial price. Otherwise, payout will be a number of InterOil shares equal to $1,000 divided by the initial price.

The notes are expected to price on Nov. 27 and settle on Nov. 30.

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