Goldman plans leveraged notes tied to renminbi for Eksportfinans

By Susanna Moon

Chicago, Oct. 18 - Eksportfinans ASA plans to price 0% currency-linked notes tied to the Chinese renminbi relative to the dollar at 101, according to a 424B2 filing with the Securities and Exchange Commission.

Goldman Sachs & Co. is the underwriter.

The notes will mature between 13 and 14 months after issue.

The payout at maturity will be par plus 1.6 to 1.8 times any currency gain, up to a maximum settlement amount of $1,080 to $1,090 per $1,000 principal amount.

Investors will be exposed to any losses.

The exact deal terms will be set at pricing.

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