New Issue: Goldman prices $3.58 million buffered notes on S&P GSCI Enhanced index for Svensk

By Jennifer Chiou

New York, July 13 - AB Svensk Exportkredit priced $3.58 million of 0% buffered excess return index-linked notes due Sept. 8, 2014 tied to the S&P GSCI Enhanced Index Excess Return via Goldman, Sachs & Co., according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus any index gain, up to a maximum return of 40%.

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

Issuer:	AB Svensk Exportkredit
Issue:	Buffered excess return index-linked notes
Underlying index:	S&P GSCI Enhanced Index Excess Return
Amount:	$3,584,000
Maturity:	Sept. 8, 2014
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus any index gain, capped at 40%; 1.1111% loss for each 1% drop beyond 10%
Initial index level:	443.90
Pricing date:	July 11
Settlement date:	July 18
Underwriter:	Goldman Sachs & Co.
Cusip:	00254EKZ4

© 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.