E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 4/14/2010 in the Prospect News Structured Products Daily.

New Issue: Goldman Sachs prices $158.72 million notes tied to Topix for Eksportfinans

By Jennifer Chiou

New York, April 14 - Eksportfinans ASA priced $158.72 million of 0% equity index-linked notes due Oct. 26, 2011 linked to the Topix index via Goldman, Sachs & Co., according to a 424B2 filing with the Securities and Exchange Commission.

The notes priced at 100.39 for an issue price of $159,334,992.40.

If the final level is greater than the initial level, the payout at maturity will be par plus the gain. Investors will share in any losses.

Issuer:Eksportfinans ASA
Issue:Equity index-linked notes
Underlying index:Topix
Amount:$158,716,000
Maturity:Oct. 26, 2011
Coupon:0%
Price:100.39
Payout at maturity:Par plus any index gain; investors share in losses
Initial index level:998.95
Pricing date:April 12
Settlement date:April 26
Underwriter:Goldman, Sachs & Co.
Fees:0.25%
Cusip:282649375

© 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.