SG Structured Products to price 21.5% Tempo ReConvs linked to Toll Brothers

By Angela McDaniels

Seattle, Sept. 10 - SG Structured Products, Inc. plans to price Tempo ReConvs due March 28, 2008 linked to the common stock of Toll Brothers, Inc., according to a term sheet.

The six-month notes will pay 10.75% for an annualized rate of 21.5%. Interest will be payable quarterly.

The payout at maturity will be par unless Toll Brothers stock falls by more than 30% during the life of the notes and the final share price is less than the initial share price, in which case the payout will be a number of Toll Brothers shares equal to $1,000 divided by the initial share price.

The notes will be automatically called at par plus accrued interest if the closing price of Toll Brothers shares on Dec. 21, 2007 is equal to or greater than the initial share price.

The notes will price on Sept. 25 and settle on Sept. 28.

SG Americas Securities, LLC will be the principal agent, with Countrywide Securities Corp. as co-agent.

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