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Published on 6/5/2007 in the Prospect News Structured Products Daily.

SG Structured Products to price 0% booster notes linked to commodities

By Angela McDaniels

Seattle, June 5 - SG Structured Products, Inc. plans to price an offering of 0% commodities booster notes due June 28, 2012 linked to a basket of commodities, according to a term sheet.

The basket will include equal weights of primary aluminum, grade A copper, primary nickel, light sweet crude oil and special high-grade zinc.

If the basket increases by 35% or more, the payout at maturity will be par plus the basket return. If the basket remains flat or increases by less than 35%, the payout will be par plus 35%.

If the final basket level is less than the initial basket level but is at 65% of the initial basket level, the payout will be par plus an amount equal to the final basket level divided by the initial basket level, minus 65%. If the final basket level is less than 65% of the initial basket level, the payout will be par.

The notes will price on June 25 and settle on June 28.

SG Americas Securities, LLC will be the agent.


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