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Published on 6/21/2010 in the Prospect News Structured Products Daily.

Goldman Sachs to price buffered notes linked to S&P GSCI for Svensk

By Angela McDaniels

Tacoma, Wash., June 21 - AB Svensk Exportkredit plans to price 0% buffered commodity index-linked notes tied to the S&P GSCI Enhanced Commodity Index Excess Return via underwriter Goldman, Sachs & Co., according to a 424B2 filing with the Securities and Exchange Commission.

The tenor of the notes will be 30 to 33 months.

The payout at maturity will be par plus any index gain, subject to a maximum return of 30% to 40% that will be set at pricing. Investors will receive par if the index declines by 15% or less and will lose 1.1765% for every 1% that it declines beyond 15%.


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