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Published on 8/7/2008 in the Prospect News Investment Grade Daily.

New Issue: Eksportfinans prices $100 million one-year floaters to yield Libor plus 13 bps

By Andrea Heisinger

New York, Aug. 7 - Eksportfinans ASA priced $100 million one-year floating-rate notes Thursday at par to yield three-month Libor plus 13 basis points, according to an FWP filing with the Securities and Exchange Commission.

The notes (Aaa/AA+/AAA) pay interest quarterly.

Barclays Capital was the agent.

The financial services company for export industries and local government is based in Oslo, Norway.

Issuer:Eksportfinans ASA
Issue:Floating-rate medium-term notes
Amount:$100 million
Maturity:Aug. 13, 2009
Agent:Barclays Capital
Coupon:Three-month Libor plus 13 bps
Price:Par
Yield:Three-month Libor plus 13 bps
Trade date:Aug. 7
Settlement date:Aug. 13
Ratings:Moody's: Aaa
Standard & Poor's: AA+
Fitch: AAA

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