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Societe Generale to price notes linked to SGI Fed Model US index
By Jennifer Chiou
New York, Aug. 1 - Societe Generale, New York Branch plans to price notes due Aug. 31, 2012 linked to the SGI Fed Model US index, according to a term sheet.
The SGI Fed Model US is a strategy index that seeks the optimal allocation between two competing assets: U.S. equity and U.S. bonds. The allocation may vary from 0% to 100%.
At maturity, investors will receive par plus five times the annualized rate of return of the index. Investors will receive at least par.
The notes will price on Aug. 28 and settle on Aug. 31.
LaSalle Bank NA is the agent.
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