Wells Fargo plans enhanced growth notes on S&P 500 for Eksportfinans

By Susanna Moon

Chicago, June 25 - Eksportfinans ASA plans to price 0% enhanced growth securities with capped upside due July 10, 2013 based on the performance of the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

Wells Fargo Securities, LLC is the agent.

Investors will receive par plus 1.25 times any index gain, up to a maximum payout at maturity of $1,900 to $2,000 per $1,000 principal amount. The exact cap will be set at pricing.

Investors will be exposed to any losses.

The notes will price in June and settle in July.

© 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.