E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 3/1/2010 in the Prospect News Structured Products Daily.

SG to price bearish protected notes linked to SGI Bond 10y USD index

By Angela McDaniels

Tacoma, Wash., March 1 - SG Structured Products, Inc. plans to price 0% bearish principal-protected notes due March 31, 2015 linked to the SGI Bond 10y USD index, according to a term sheet. The notes will be guaranteed by Societe Generale, New York Branch.

If the index return is negative, the payout at maturity will be par plus 300% of the absolute value of the decline. If the index return is positive, investors will receive par.

The notes are expected to price March 29 and settle March 31.

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


© 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.