SG plans bearish protected five-year notes tied to SGI Bond 10Y index

New York, Dec. 4 - SG Structured Products, Inc. plans to sell 0% bearish principal-protected index notes series 2009-4 due Dec. 31, 2014 linked to the SGI Bond 10Y USD index.

The payout at maturity will be par plus twice the absolute value of any decline in the index. If the index gains, the payout will be par, according to a term sheet.

The reference index is designed to reproduce the performance of hypothetical 10-year bonds sold by a U.S. issuer and paying coupons semiannually. However the index uses swap and deposit fixing rates instead of actual bonds.

The securities will be marketed through Dec. 28 and settlement is scheduled for Dec. 31.

Societe Generale is agent. Advisors Asset Management Inc. is distributor.

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