By Susanna Moon
Chicago, Oct. 27 - Eksportfinans ASA priced $2.1 million of 0% Performance Leveraged Upside Securities due Nov. 30, 2009 linked to the S&P 500 index, according to an FWP filing with the Securities and Exchange Commission.
Morgan Stanley & Co. Inc. is the agent.
Payout at maturity will be par of $10 plus triple any index gain, capped at 119% of par.
If the index finishes below its initial level, payout will be par minus the index decline.
| Issuer: | Eksportfinans ASA
|
| Issue: | Performance Leveraged Upside Securities
|
| Underlying index: | S&P 500 index
|
| Amount: | $2.1 million
|
| Maturity: | Nov. 30, 2009
|
| Coupon: | 0%
|
| Price: | Par of $10
|
| Payout at maturity: | Par plus triple any index gain, capped at 119% of par; exposure to losses
|
| Initial level: | 876.77
|
| Pricing date: | Oct. 24
|
| Settlement date: | Oct. 31
|
| Agent: | Morgan Stanley & Co. Inc.
|
| Fees: | 1.5%
|
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