Svensk plans 0% absolute return trigger notes linked to S&P 500 via Goldman Sachs

By Laura Lutz

Des Moines, Nov. 6 - AB Svensk Exportkredit plans to price 0% absolute return trigger notes due 2009 linked to the S&P 500 index via Goldman, Sachs & Co., according to a 424B2 filing with the Securities and Exchange Commission.

The notes are expected to have a maturity of between 15 and 18 months.

If the notes close above an upper trigger level or below a lower trigger level during the life of the notes, the payout at maturity will be par.

Otherwise, the payout will be par plus the absolute value of the index return.

The notes are expected to price and settle in November.

© 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.