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Svensk plans bull notes linked to three Asian currencies via Goldman Sachs
By Laura Lutz
Des Moines, Nov. 14 - AB Svensk Exportkredit plans to price 18-month bull notes linked to a basket of Asian currencies via Goldman, Sachs & Co., according to a 424B2 filing with the Securities and Exchange Commission.
The basket consists of equal weights of the Chinese renminbi, the Malaysian ringgit and the Singaporean dollar.
The payout at maturity will be par plus double any gain on the basket plus a bonus that will be between 4% and 4.75%. The exact bonus will be set at pricing.
Investors will receive at least par plus the bonus amount.
The notes are expected to price in November and settle in December.
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