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Published on 7/28/2010 in the Prospect News Structured Products Daily.

Goldman to price 18- to 21-month notes linked to S&P 500 for Svensk

By Angela McDaniels

Tacoma, Wash., July 28 - AB Svensk Exportkredit plans to price 0% equity index-linked notes linked to the S&P 500 index via Goldman, Sachs & Co., according to a 424B2 filing with the Securities and Exchange Commission.

The notes will mature 18 to 21 months after issue.

The payout at maturity will be par plus any gain in the index, subject to a maximum settlement amount of $1,095 to $1,110 per $1,000 principal amount. Investors will receive par if the index declines by 30% or less and will lose 1.4286% for each 1% that it declines beyond 30%.

The exact deal terms for the notes as well as the Cusip will be set at pricing.


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