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Published on 5/25/2011 in the Prospect News Structured Products Daily.

New Issue: Goldman prices $6.16 million leveraged buffered notes on MSCI EAFE for Eksportfinans

By Jennifer Chiou

New York, May 25 - Eksportfinans ASA priced $6.16 million of 0% leveraged buffered index-linked notes due Nov. 30, 2012 linked to the MSCI EAFE index via Goldman Sachs & Co., according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 1.5 times any index gain, up to a maximum settlement amount of $1,189.75 per $1,000 principal amount of notes.

Investors will receive par if the index falls by up to 10% and will lose 1.1111% for every 1% decline beyond 10%.

Issuer:Eksportfinans ASA
Issue:Leveraged buffered index-linked notes
Underlying index:MSCI EAFE
Amount:$6,163,000
Maturity:Nov. 30, 2012
Coupon:0%
Price:Par
Payout at maturity:Par plus 150% of any index gain, capped at 18.975%; 1.1111% loss per 1% decline beyond 10%
Initial level:1,666, which is higher than the actual closing level of 1,661.43
Pricing date:May 23
Settlement date:May 31
Underwriter:Goldman Sachs & Co.
Fees:0.25%
Cusip:28264M566

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