SG Structured Products to price 13.15% ReConvs linked to CVRD

By Angela McDaniels

Seattle, Aug. 7 - SG Structured Products, Inc. plans to price 13.15% ReConvs due Aug. 29, 2008 linked to the American Depositary Shares of Companhia Vale do Rio Doce (CVRD), according to a term sheet.

Interest will be payable monthly.

The payout at maturity will be par unless CVRD ADSs fall by more than 30% during the life of the notes and the final ADS price is less than the initial ADS price, in which case the payout will be a number of CVRD ADSs equal to $1,000 divided by the initial ADS price.

The notes will price on Aug. 28 and settle on Aug. 31.

SG Americas Securities, LLC will be the principal agent, with Countrywide Securities Corp. as co-agent.

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