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Published on 10/22/2009 in the Prospect News Structured Products Daily.

New Issue: Goldman Sachs prices $8.1 million buffered notes linked to MSCI EAFE for Eksportfinans

By Angela McDaniels

Tacoma, Wash., Oct. 22 - Eksportfinans ASA priced $8.1 million of 0% buffered equity index-linked notes due Nov. 3, 2011 linked to the MSCI EAFE index via underwriter Goldman, Sachs & Co., according to a 424B3 filing with the Securities and Exchange Commission.

If the final index level is greater than the initial index level, the payout at maturity will be par plus the index return, subject to a maximum return of 35%. Investors will receive par if the index declines by 15% or less and will lose 1.1765% for every 1% that it declines beyond 15%.

Issuer:Eksportfinans ASA
Issue:Buffered equity index-linked notes
Underlying index:MSCI EAFE
Amount:$8.1 million
Maturity:Nov. 3, 2011
Coupon:0%
Price:Par
Payout at maturity:Par plus any index gain, up to maximum return of 35%; par if index falls by 15% or less; 1.1765% loss for every 1% index decline beyond 15%
Initial index level:1,611.39
Pricing date:Oct. 20
Settlement date:Nov. 3
Underwriter:Goldman, Sachs & Co.
Fees:0.25%

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