Goldman Sachs to price 0% notes linked to BRIC currency basket for Svensk

By Jennifer Chiou

New York, May 11 - Goldman, Sachs & Co. plans to price zero-coupon principal-protected notes due April 2008 linked to a basket of currencies for issuer AB Svensk Exportkredit, according to a 424B2 filing with the Securities and Exchange Commission.

The basket will include equal weights of the Brazilian real, Russian ruble, Indian rupee and Chinese renminbi, each measured against the dollar.

The payout at maturity will be par plus 110% if the basket level increases by at least 2%. Investors will receive at least par.

The notes are expected to price in May and settle in June.

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