New Issue: Goldman Sachs ups bull notes linked to three Asian currencies to $84.78 million for Svensk

By Jennifer Chiou

New York, Nov. 29 - AB Svensk Exportkredit lifted to $84.78 million from $69.01 million its issue of 0% bull notes due June 14, 2009 linked to a basket of three Asian currencies via Goldman, Sachs & Co., according to a 424B2 filing with the Securities and Exchange Commission.

The $15.77 million add-on was priced at 102.15 while the original $69.01 million was priced at par on Nov. 16.

The basket consists of equal weights of the Chinese renminbi, the Malaysian ringgit and the Singapore dollar, each against the U.S. dollar.

The payout at maturity will be 104.5% of par plus 200% of any gain on the basket. Investors will receive at least 104.5% of par.

Issuer:	AB Svensk Exportkredit
Issue:	Bull notes
Underlying currencies:	Equal weights of Chinese renminbi, Malaysian ringgit and Singapore dollar, each against U.S. dollar
Amount:	$84,779,000, upsized from $69,014,000
Maturity:	June 14, 2009
Coupon:	0%
Price:	Par for original $69,014,000; 102.15 for add-on
Payout at maturity:	104.5% of par plus 200% of any basket gain; floor of par
Pricing date:	Nov. 16 for original $69,014,000; Nov. 28 for add-on
Settlement date:	Dec. 14
Underwriter:	Goldman, Sachs & Co.
Fees:	0.25%

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