Goldman plans notes on Asian currencies vs. dollar for Eksportfinans

By Marisa Wong

Madison, Wis., Nov. 22 - Eksportfinans ASA plans to price 0% currency-linked notes based on the performance of five equally weighted currencies relative to the U.S. dollar via Goldman, Sachs & Co., according to a 424B2 filing with the Securities and Exchange Commission.

The underlying currencies are the Korean won, Indonesian rupiah, Indian rupee, Singapore dollar and Malaysian ringgit.

The notes will mature between 13 and 14 months after issue.

The payout at maturity will be par plus 200% to 220% of any basket gain, subject to a maximum settlement amount of $1,100 to $1,110 per $1,000 principal amount.

Investors will be fully exposed to any basket decline.

The exact deal terms will be set at pricing.

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