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Published on 10/6/2008 in the Prospect News Structured Products Daily.

New Issue: Goldman Sachs prices $14.67 million notes linked to MSCI EAFE for Svensk

By Angela McDaniels

Tacoma, Wash., Oct. 6 - AB Svensk Exportkredit priced $14.67 million of 0% index-linked notes due April 20, 2010 linked to the MSCI EAFE index via Goldman, Sachs & Co., according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 110% of any index gain, subject to a maximum return of 31.46%. Investors will receive par if the index declines by 15% or less and will lose 1.1765% for every 1% the index declines beyond 15%.

Issuer:AB Svensk Exportkredit
Issue:Index-linked notes
Underlying index:MSCI EAFE
Amount:$14.67 million
Maturity:April 20, 2010
Coupon:0%
Price:Par
Payout at maturity:Par plus 110% of any index gain, capped at maximum return of 31.46%; par if index falls by 15% or less; 1.1765% loss for every 1% decline beyond 15%
Initial index level:1,538.11
Pricing date:Oct. 3
Settlement date:Oct. 20
Underwriter:Goldman, Sachs & Co.
Fees:0.25%

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