New Issue: Eksportfinans prices $2.25 mln currency-linked notes via Wells Fargo

By Toni Weeks

San Diego, April 13 - Eksportfinans ASA priced $2.25 million of 0% currency-linked notes due Oct. 7, 2015 linked to the performance of a basket of currencies relative to the U.S. dollar via Wells Fargo Securities, LLC, according to a 424B2 filing with the Securities and Exchange Commission.

The basket includes equal weights of the Australian dollar, the Brazilian real, the Canadian dollar and the Swiss franc.

The payout at maturity will be par plus 115% of the basket return, subject to a minimum payout of par. The basket return will be positive if the basket appreciates relative to the dollar.

Issuer:	Eksportfinans ASA
Issue:	Currency-linked notes
Underlying currencies:	Australian dollar, Brazilian real, Canadian dollar and Swiss franc
Amount:	$2.25 million
Maturity:	Oct. 7, 2015
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 115% of basket return, minimum of par
Initial exchange rates:	1.5805 for Brazilian real, 0.94769 for Australian dollar, 0.9088 for Swiss franc, 0.9547 for Canadian dollar
Pricing date:	April 11
Settlement date:	April 14
Agent:	Wells Fargo Securities, LLC
Fees:	2.5%
Cusip:	282645VU1

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