SG Structured Products to price 17.8% Tempo ReConvs linked to AIG

By Susanna Moon

Chicago, Jan. 14 - SG Structured Products, Inc. plans to price 17.8% Tempo ReConvs due July 30, 2008 linked to American International Group, Inc. common stock, according to a term sheet.

Interest will be payable quarterly.

The notes will be automatically redeemed in whole if the closing price of AIG shares exceeds the initial share price on April 30, 2008. The redemption price will be par plus accrued interest.

At maturity, investors will receive par unless the stock falls below the knock-in price - 80% of the initial share price - during the life of the notes and finishes below the initial share price, in which case the payout will be a number of AIG shares equal to $1,000 divided by the initial share price.

The notes will price on Jan. 25 and settle on Jan. 30.

SG Americas Securities, LLC is lead agent with Countrywide Securities Corp. as co-agent.

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