Goldman plans leveraged notes linked to Dow Jones-UBS Enhanced E95

By Jennifer Chiou

New York, March 17 - AB Svensk Exportkredit plans to price leveraged commodity index-linked notes tied to the Dow Jones-UBS Enhanced E95 Total Return index via Goldman Sachs & Co., according to a 424B2 filing with the Securities and Exchange Commission.

The notes will have a tenor of 13 months and will pay quarterly interest at Libor minus a to-be-set spread. Interest will reset quarterly.

At maturity, the payout on the notes will be three times the index return, less a fee of 0.5% per year.

The notes are putable at any time. If the index finishes at or below 85% of its initial level, the notes will be called.

The exact deal terms will be set at pricing.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.