SG Structured Products to price 0% booster notes linked to commodities basket

By Angela McDaniels

Seattle, April 3 - SG Structured Products, Inc., a wholly owned subsidiary of Societe Generale, plans to price an offering of 0% booster notes due April 30, 2012 linked to a basket of commodities, according to a term sheet.

The basket will include equal weights of the light sweet crude oil, grade A copper, primary nickel, special high-grade zinc and primary aluminum.

If the basket increases by 35% or more, the payout will be par plus the basket return. If the basket remains flat or increases by less than 35%, the payout will be par plus 35%.

If the final basket is less than the initial index level but is at least 65% of the initial index level, the payout will be par plus an amount equal to the final index level divided by the initial index level, minus 65%. If the final basket level is less than 65% of the initial basket level, the payout will be par.

The notes will price on April 24 and settle on April 27.

SG Americas Securities, LLC will be the agent.

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