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Published on 11/10/2008 in the Prospect News Structured Products Daily.

Goldman Sachs to price 0% notes linked to MSCI EAFE for Eksportfinans

By Angela McDaniels

Tacoma, Wash., Nov. 10 - Eksportfinans ASA plans to price 0% equity index-linked notes linked to the MSCI EAFE index via underwriter Goldman, Sachs & Co., according to a 424B3 filing with the Securities and Exchange Commission.

The notes are expected to have a tenor of 18 months.

The payout at maturity will be par plus 150% of any index gain, subject to a maximum redemption amount that is expected to be 122.5% to 137.5% of par and will be set at pricing. Investors will receive par if the index declines by 20% or less and will lose 1.25% for every 1% that the index declines beyond 20%.


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