By Susanna Moon
Chicago, April 24 - Eksportfinans ASA priced $5.2 million of 0% notes due Nov. 8, 2010 linked to the iShares MSCI Emerging Markets index fund, according to a 424B2 filing with the Securities and Exchange Commission.
Goldman, Sachs & Co. is the agent.
The payout at maturity will be par plus 2.5 times any gain in the fund shares, up to a maximum settlement amount of $1,543.75 per $1,000 principal amount of notes.
Investors will share in any losses.
| Issuer: | Eksportfinans ASA
|
| Issue: | Notes
|
| Underlying fund: | iShares MSCI Emerging Markets index fund
|
| Amount: | $5.2 million
|
| Maturity: | Nov. 8, 2010
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 250% of any fund gain, capped at 154.375% of par; share in losses
|
| Initial fund price: | $27.03
|
| Pricing date: | April 22
|
| Settlement date: | May 6
|
| Agent: | Goldman, Sachs & Co.
|
| Fees: | 0.25%
|
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