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Wachovia to sell 0% enhanced growth notes linked to Nikkei 225
By Angela McDaniels
Seattle, Dec. 11 - Wachovia Corp. plans to price an offering 0% enhanced growth securities due July 1, 2008 linked to the Nikkei 225 index, according to a 424B5 filing with the Securities and Exchange Commission.
The securities will price in December and settle in January.
The payout at maturity will be par of $10 plus 125% of any positive return on the index. Investors will participate fully in any decline.
Wachovia Securities will be the underwriter.
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