Goldman Sachs to price bull notes linked to four Asian currencies for Svensk

By Susanna Moon

Chicago, Nov. 20 - Goldman, Sachs & Co. plans to price 18-month 0% principal-protected bull notes linked to a basket of four Asian currencies for issuer AB Svensk Exportkredit, according to a 424B2 filing with the Securities and Exchange Commission.

The basket contains equal weights of the Indonesian rupiah, Philippine peso, Singapore dollar and Taiwan dollar.

If the basket level rises by at least 2.5% relative to the U.S. dollar, the payout at maturity will be par plus 1.8 times the increase in the basket beyond 2.5%. Otherwise, investors will receive par.

The notes are expected to price in November and settle in December.

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