New Issue: Goldman Sachs ups bull notes linked to two Asian currencies to $33.38 million for Svensk

By Jennifer Chiou

New York, Dec. 6 - AB Svensk Exportkredit upsized its issue of 0% bull notes due June 14, 2009 linked to a basket of two Asian currencies to $33.38 million via Goldman, Sachs & Co., according to a 424B2 filing with the Securities and Exchange Commission.

The $5.52 million add-on priced at 105.15.

Svensk priced $23.01 million of the notes at par on Nov. 16 and $4.85 million at 99.65 on Nov. 28.

The basket consists of equal weights of the Indonesian rupiah and the Philippine peso, each against the 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 Indonesian rupiah and Philippine peso, each against the dollar
Amount:	$33,378,000, upsized from $23,009,000
Maturity:	June 14, 2009
Coupon:	0%
Price:	Par for $23,009,000; 99.65 for $4,853,000; 105.15 for $5,516,000
Payout at maturity:	104.5% of par plus 200% of any basket gain
Pricing date:	Nov. 16 for $23,009,000; Nov. 28 for $4,853,000; Dec. 4 for $5,516,000
Settlement date:	Dec. 14
Underwriter:	Goldman, Sachs & Co.
Fees:	0.25%

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