E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 2/27/2008 in the Prospect News Structured Products Daily.

Goldman Sachs to price outperformance notes linked to S&P bank, financial indexes for Svensk

By Angela McDaniels

Tacoma, Wash., Feb. 27 - AB Svensk Exportkredit plans to price 0% 18-month outperformance notes linked to a long position in the S&P 500 Banks index and a short position in the S&P Financial Select Sector index via Goldman, Sachs & Co., according to a 424B2 filing with the Securities and Exchange Commission.

If the increase in the long index exceeds that of the short index or if the decrease in the long index is less than that of the short index, the payout at maturity will be par plus the difference between the two index returns.

If the increase in the long index is less than that of the short index or if the decrease in the long index is greater than that of the short index, the payout at maturity will be par minus the difference between the two index returns.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.