SG Structured Products to price bearish principal-protected notes linked to SGI Bond 10y USD index

By Angela McDaniels

Tacoma, Wash., Jan. 12 - SG Structured Products, Inc. plans to price 0% bearish principal-protected notes due Jan. 29, 2015 linked to the SGI Bond 10y USD index, according to a term sheet. Societe Generale is the guarantor.

If the index return is negative, the payout at maturity will be par plus 2.5 to 3.5 times the absolute value of the index decline. The exact participation rate will be set at pricing.

If the index return is 0% or positive, the payout will be par.

The notes will price Jan. 22 and settle Jan. 29.

SG Americas Securities, LLC is the agent. The distributor is Advisors Asset Management, Inc.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.