Goldman Sachs to sell enhanced participation buffer notes linked to S&P 500 for Eksportfinans

By Susanna Moon

Chicago, Sept. 9 - Eksportfinans ASA plans to price 0% enhanced participation buffer notes due 2010 linked to the S&P 500 index via underwriter Goldman, Sachs & Co., according to a 424B3 filing with the Securities and Exchange Commission.

The notes are expected to mature between 15 and 17 months after issuance.

Payout at maturity will be par plus triple any gain on the index, up to a maximum redemption amount of 112% to 118% of par. The exact cap will be set at pricing.

Investors will receive par for losses up to 10% and will share in losses beyond 10%.

© 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.