Hartford to price principal-protected bearish notes linked to euro

By Angela McDaniels

Tacoma, Wash., May 19 - Hartford Life Insurance Co. plans to price zero-coupon principal-protected bearish notes due June 4, 2010 linked to the euro, according to an FWP filing with the Securities and Exchange Commission.

The payout at maturity will be par plus the absolute value of any depreciation of the euro relative to the dollar multiplied by the participation rate, which is expected to be 80% to 90% and will be set at pricing.

The notes will price on May 30 and settle on June 4.

Wachovia Capital Markets, LLC will be the lead agent.

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