PRICING TOOL

The capital protection feature, if any, of our Structured Products is subject to our creditworthiness and available only if investors hold their investment until maturity. If investors sell any Structured Product prior to maturity, the sale price will depend on a number of factors, and may be less, and possibly substantially less, than the amount investors had originally invested.

Our ability to pay our obligations under any products is dependent upon a number of factors, including our creditworthiness, financial condition and results of operations. No assurance can be given, and none is intended to be given, that investors will receive any amount at maturity.

The information accessible from this page has been prepared solely for informational purposes. No representation is made that it is accurate, complete or current. Specific information regarding any product is provided in the offering materials for that product, which supersedes any information provided in the material accessible from this page. The information accessible from this page does not constitute an offer to buy or sell, or a solicitation of an offer to buy or sell any security or instrument or to participate in any particular trading strategy.
The investments discussed in the material accessible from this page may not be suitable for all investors. Investors should carefully consider whether an instrument is a suitable investment based on their particular circumstances, specific investment objectives and financial position. In addition, we urge investors to consult such independent investment, legal, accounting, tax and other advisors as they believe necessary with respect to any investment. In addition, with respect to any product, investors should carefully review the section of the offering materials entitled “Risk Factors” which highlights certain risks, to determine whether an investment in such product is appropriate.  Users of this site agree that the information contained herein will not be the primary basis of any investment decision. Click Here to return to main disclaimer.

Valuations of transactions provided by SGAS are indicative and for information purposes only.  The valuations do not represent (i) the actual terms on which a new transaction would be entered into, (ii) the actual terms on which any existing transactions could be unwound, (iii) the calculation or estimate of an amount that would be payable following an early termination of the transactions or (iv) the actual valuations given to the transactions by SGAS in its books of account for financial reporting, credit or risk management purposes.  No representation is made that the indications are current or actionable (i.e., they are not firm quotes).  Securities may not be available for purchase or sale at the price indications and the price indications may change without prior notice.  Neither SGAS nor any of its affiliates is obligated to make a secondary market in the securities listed here, and may discontinue doing so at any time.

The valuations have been prepared in good faith in accordance with SGAS' own internal models and calculation methods and/or are based on or use other available pricing information sources where considered relevant.  Valuations based on different models or assumptions may yield different results.  Numerous factors may affect the valuations, which may or may not be taken into account. Therefore, these valuations may vary significantly from valuations obtained from other sources or market participants.

Valuations are provided for guidance and give an indication of value at a specific point in time.  SGAS expressly disclaims any responsibility for the accuracy or completeness of any pricing information sources used in its calculations, or any errors or omissions in computing or disseminating these valuations, and for any use you make of the valuations provided.
This information does not constitute a solicitation or an offer to purchase or sell securities or to participate in any trading strategy.
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