Wachovia plans enhanced growth securities linked to S&P 500 for Eksportfinans

By Jennifer Chiou

New York, Jan. 10 - Agent Wachovia Capital Markets, LLC plans to price 0% enhanced growth securities due Aug. 10, 2009 linked to the S&P 500 index for issuer Eksportfinans ASA, according to a 424B5 filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus triple any index gain, capped at a maximum return of $11.70 to $12.00 per note with the exact cap determined at pricing. Investors will be fully exposed to any index decline.

Pricing will occur in January with settlement in February.

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