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Goldman to price notes linked to S&P Homebuilding Select Industry for Eksportfinans
By Susanna Moon
Chicago, July 18 - Eksportfinans ASA plans to price 0% notes linked to the S&P Homebuilding Select Industry index via Goldman, Sachs & Co., according to a 424B3 filing with the Securities and Exchange Commission.
The notes will mature 24 to 26 months after the issue date.
Payout at maturity will be par plus any gain in the index, capped at 155% to 175% of par, with the exact maximum redemption amount to be set at pricing.
Investors will receive par if the index falls by up to 40% and will be exposed to losses beyond 40%.
The pricing and settlement dates were not disclosed in the filing.
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