Goldman Sachs to price 0% notes linked to S&P 500 for Svensk

By Jennifer Chiou

New York, March 5 - AB Svensk Exportkredit plans to price 0% equity index-linked notes tied to the S&P 500 index via Goldman, Sachs & Co., according to a 424B2 filing with the Securities and Exchange Commission.

The tenor of the notes will be 18 to 21 months.

The payout at maturity will be par plus 300% of any index gain, subject to a maximum return on the notes that is expected to be 21% to 33% and will be set at pricing. Investors will receive par if the index declines by 20% or less and will lose 1.25% for every 1% that the index declines beyond 20%.

© 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.