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SG Structured Products to price notes linked to SGI Enhanced Buy-Write index
By Laura Lutz
Des Moines, May 31 - SG Structured Products, Inc., a subsidiary of Societe Generale, plans to price an issue of notes due June 29, 2012 linked to the SGI Enhanced Buy-Write U.S. index, according to a term sheet.
The notes are expected to price on June 28 and settle on June 29.
At maturity, investors will receive 96% of par plus an additional payout of five times the annualized internal rate of return of the index. The additional payout will not be negative.
SG Americas Securities, LLC is the placement agent.
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