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Published on 9/15/2008 in the Prospect News Structured Products Daily.

New Issue: Goldman sells $10.5 million enhanced buffer notes linked to MSCI EAFE for Svensk

By Susanna Moon

Chicago, Sept. 15 - AB Svensk Exportkredit priced $10.5 million of 0% enhanced participation buffer notes due March 18, 2010 linked to the MSCI EAFE index via underwriter Goldman, Sachs & Co., according to an FWP filing with the Securities and Exchange Commission.

Payout at maturity will be par plus triple any gain on the index, up to a maximum redemption amount of 120.4% of par.

Investors will receive par for losses of up to 10% and will share in losses beyond 10%.

Issuer:AB Svensk Exportkredit
Issue:Enhanced participation buffer notes
Underlying index:MSCI EAFE index
Amount:$10.5 million
Maturity:March 18, 2010
Coupon:0%
Price:Par
Payout at maturity:Par plus triple any index gain, capped at 20.4%; par for losses up to 10% and share in losses beyond 10%
Initial index level:1,649
Pricing date:Sept. 11
Settlement date:Sept. 18
Underwriter:Goldman, Sachs & Co.
Fees:0.25%

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