SG plans 1% notes tied to SGI Smart Market Neutral Commodity index

By Angela McDaniels

Tacoma, Wash., Nov. 24 - SG Structured Products, Inc. plans to price 1% notes due Dec. 29, 2017 linked to the SGI Smart Market Neutral Commodity index, according to a term sheet. Societe Generale, New York Branch is the guarantor.

Interest will be payable annually.

The payout at maturity will be par plus (a) 90% to 100% of the index return minus (b) 7%, subject to a minimum payout of par. The exact participation rate will be set at pricing.

The notes (Cusip 78423AB27) will price Dec. 22 and settle Dec. 29.

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

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