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 3/3/2009 in the Prospect News Structured Products Daily.

New Issue: Goldman Sachs prices $435,000 0% notes linked to MSCI EAFE for Svensk

By Angela McDaniels

Tacoma, Wash., March 3 - AB Svensk Exportkredit priced $435,000 of 0% index-linked notes due March 8, 2011 linked to the MSCI EAFE index via Goldman, Sachs & Co., according to an FWP filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 150% of any index gain, subject to a maximum return of 54%. Investors will receive par if the index declines by 10% or less and will lose 1.1111% for every 1% that the index declines beyond 10%.

Issuer:AB Svensk Exportkredit
Issue:Index-linked notes
Underlying index:MSCI EAFE
Amount:$435,000
Maturity:March 8, 2011
Coupon:0%
Price:Par
Payout at maturity:Par plus 150% of any index gain, up to maximum return of 54%; par if index declines by 10% or less; 1.1111% loss for every 1% that index declines beyond 10%
Initial index level:959.79
Pricing date:March 2
Settlement date:March 16
Underwriter:Goldman, Sachs & Co.
Fees:0.25%

© 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.