By Laura Lutz
Iowa City, Jan. 22 - AB Svensk Exportkredit priced $25.337 million of 0% notes due July 30, 2009 linked to equal weights of the iShares MSCI Emerging Markets Index Fund and the Goldman Sachs Commodity Excess Return Enhanced Strategy via Goldman, Sachs & Co., according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be a cash amount equal to 97% of par plus a supplemental redemption amount.
If the basket return is positive, the supplemental redemption amount will be par multiplied by the basket return multiplied by the participation rate of 75%. If the basket return is zero or less, the supplemental amount will be zero.
Agent Goldman Sachs will receive a fee of 0.25%.
| Issuer: | AB Svensk Exportkredit
|
| Issue: | Basket-linked notes
|
| Underlying indexes: | Equal weights of iShares MSCI Emerging Markets Index Fund and Goldman Sachs Commodity Excess Return Enhanced Strategy
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| Amount: | $25.337 million
|
| Maturity: | July 30, 2009
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | 97% of par plus 75% of basket return times par if return is positive; otherwise, 97% of par
|
| Initial index level: | 111.99 for emerging markets index; 331 for commodities basket
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| Pricing date: | Jan. 19
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| Settlement date: | Jan. 30
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| Underwriter: | Goldman, Sachs & Co.
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| Fees: | 0.25%
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