New Issue: Goldman Sachs sells $1.1 million add-on linked to MSCI EAFE for Svensk

By Susanna Moon

Chicago, Nov. 10 - AB Svensk Exportkredit priced another $1.1 million of 0% index-linked notes due Nov. 18, 2010 linked to the MSCI EAFE index via Goldman, Sachs & Co., bringing the total issue to $24.41 million, according to an FWP filing with the Securities and Exchange Commission.

The issuer priced the add-on at 99.94% of par on Nov. 7. It originally priced $23.31 million of the notes on Nov. 3.

Payout at maturity will be par plus double any index gain, up to a maximum return of 41.6%. 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:	$24.41 million, up from $23.31 million
Maturity:	Nov. 18, 2010
Coupon:	0%
Price:	Par on Nov. 3; 99.94 on Nov. 7
Payout at maturity:	Par plus double any index gain, capped at 41.6%; par if index falls by 15% or less; 1.1765% loss for every 1% decline beyond 15%
Initial index level:	1,243
Pricing date:	Nov. 3
Settlement date:	Nov. 20
Underwriter:	Goldman, Sachs & Co.
Fees:	0.25%

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