| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers E > Headlines for Eksportfinans ASA > News item |
Goldman Sachs to price CMS range accrual notes for Eksportfinans
By Angela McDaniels
Seattle, Aug. 28 - Goldman, Sachs & Co. plans to price CMS range accrual notes due Sept. 10, 2009 for issuer Eksportfinans ASA, according to a 424B3 filing with the Securities and Exchange Commission.
The notes will price on Aug. 30 and settle on Sept. 10.
Interest is payable quarterly. If the two-year Constant Maturity Swap (CMS) rate is within the accrual range on a quarterly fixing date, interest will accrue at 7% per year for that interest period. If the two-year CMS rate is outside the accrual range, no interest will accrue for that period.
The accrual range is 4.125% to 5.5%, inclusive.
The payout at maturity will be par.
© 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.