Goldman Sachs plans notes linked to S&P 500 for Eksportfinans

By Jennifer Chiou

New York, May 29 - Eksportfinans ASA plans to price 0% notes linked to the S&P 500 index via Goldman, Sachs & Co., according to a 424B3 filing with the Securities and Exchange Commission.

The notes will mature 24 to 27 months after the issue date.

The payout at maturity will be par plus 1.5 times any gain in the index, capped at 127.75% to 133% of par, with the exact maximum redemption amount to be set at pricing.

Investors will receive par for losses up to 10% and will share in any losses beyond 10% at a rate of 1.1111% per 1% drop.

The pricing and settlement dates were not disclosed in the filing.

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