New Issue: Goldman Sachs prices $3.84 million 0% notes linked to MSCI EAFE for Eksportfinans

By Angela McDaniels

Tacoma, Wash., June 3 - Eksportfinans ASA priced $3.84 million of 0% equity index-linked notes due June 15, 2011 linked to the MSCI EAFE index via Goldman, Sachs & Co., according to a 424B3 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 1.5 times any index gain, subject to a maximum return of 32.25%. Investors will receive par if the index declines by 10% or less and will lose 1.1111% for every 1% that it declines beyond 10%.

The issuer said it may issue additional notes prior to the settlement date, which is June 15.

Issuer:	Eksportfinans ASA
Issue:	Equity index-linked notes
Underlying index:	MSCI EAFE
Amount:	$3,837,000
Maturity:	June 15, 2011
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 1.5 times any index gain, up to maximum return of 32.25%; par if index declines by 10% or less; 1.1111% loss for every 1% index decline beyond 10%
Initial index level:	1,350.7
Pricing date:	June 1
Settlement date:	June 15
Underwriter:	Goldman, Sachs & Co.
Fees:	0.25%

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.