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Published on 10/7/2010 in the Prospect News Investment Grade Daily.

New Issue: Eksportfinans prices $100 million one-year floaters at one-month Libor plus 5 bps

By Andrea Heisinger

New York, Oct. 7 - Eksportfinans ASA sold $100 million of one-year floating-rate notes at par to yield one-month Libor plus 5 basis points, according to a 424B5 filing with the Securities and Exchange Commission.

The notes have interest paid monthly and are non-callable.

Barclays Capital Inc. was the bookrunner.

The issuer provides financial services to Norway's export and municipal sectors and is based in Oslo.

Issuer:Eksportfinans ASA
Issue:Floating-rate notes
Amount:$100 million
Maturity:Oct. 14, 2011
Bookrunner:Barclays Capital Inc.
Coupon:One-month Libor plus 5 bps
Price:Par
Yield:One-month Libor plus 5 bps
Call:Non-callable
Trade date:Oct. 6
Settlement date:Oct. 14

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