E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 1/18/2011 in the Prospect News Structured Products Daily.

Goldman plans buffered notes linked to S&P GSCI commodity for Svensk

By Jennifer Chiou

New York, Jan. 18 - AB Svensk Exportkredit plans to price 0% buffered commodity index-linked notes tied to the S&P GSCI Enhanced Commodity Index Excess Return via Goldman, Sachs & Co., according to a 424B2 filing with the Securities and Exchange Commission.

The maturity date is expected to be between 36 and 39 months after issue.

The payout at maturity will be par plus any index gain, capped at 35% to 45%.

Investors will receive par if the index falls by up to 10% and will lose 1.1111% for every 1% decline beyond 10%.

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.