SG to price 1.5% notes linked to SGI Smart Market Neutral Commodity

By Angela McDaniels

Tacoma, Wash., April 4 - SG Structured Products, Inc. plans to price 1.5% annual income notes due April 13, 2018 linked to the SGI Smart Market Neutral Commodity index, according to a term sheet. Societe Generale is the guarantor.

Interest will be payable annually.

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

The notes (Cusip: 78423AN24) will price April 8 and settle April 15.

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.