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Published on 10/18/2007 in the Prospect News Structured Products Daily.

New Issue: Goldman Sachs upsizes MSCI EAFE-linked notes to $39.7 million for Eksportfinans

By Angela McDaniels

Seattle, Oct. 18 - Eksportfinans ASA priced an additional $795,000 of 0% enhanced participation notes due May 19, 2010 linked to the MSCI EAFE index via Goldman, Sachs & Co., according to an FWP filing with the Securities and Exchange Commission.

The company originally priced $38.9 million of the notes on Oct. 4. The total amount of notes priced is now $39.7 million.

If the final index level is greater than the initial index level, the payout at maturity will be par plus 125% of the index gain. Investors will be fully exposed to any index decline.

Issuer:Eksportfinans ASA
Issue:Enhanced participation notes
Underlying index:MSCI EAFE
Amount:$39,725,000, upsized from $38,930,000
Maturity:May 19, 2010
Coupon:0%
Price:Par for first tranche, 100.44 for second tranche
Payout at maturity:Par plus 125% of any index gain; full exposure to any index decline
Initial index level:2,319.96
Pricing date:Oct. 4 for first tranche, Oct. 17 for second tranche
Settlement date:Oct. 19
Underwriter:Goldman, Sachs & Co.
Fees:0.25%

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