New Issue: Goldman prices $2.18 million leveraged notes tied to MSCI EAFE for Eksportfinans

By Toni Weeks

San Diego, June 8 - Eksportfinans ASA priced $2.18 million of 0% leveraged buffered index-linked notes due Jan. 11, 2013 linked to the MSCI EAFE index, according to a 424B2 filing with the Securities and Exchange Commission.

Goldman Sachs & Co. is the underwriter.

The payout at maturity will be par plus 1.5 times any index gain, up to a maximum settlement amount of $1,176.25 per $1,000 principal amount.

Investors will receive par if the index declines 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:	$2,175,000
Maturity:	Jan. 11, 2013
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 150% of any index gain, capped at 111.75%; par for declines of up to 10%; 1.1111% loss for every 1% decline beyond 10%
Initial index level:	1,698.25
Pricing date:	June 6
Settlement date:	June 13
Underwriter:	Goldman Sachs & Co.
Fees:	2.5%
Cusip:	28264M533

© 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.