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Published on 12/29/2010 in the Prospect News Structured Products Daily.

New Issue: Goldman prices $15.1 million notes tied to MSCI All Country World index for Svensk

By Jennifer Chiou

New York, Dec. 28 - AB Svensk Exportkredit priced $15.1 million of 0% equity index-linked notes due Jan. 2, 2013 linked to the MSCI All Country World index via Goldman, Sachs & Co., according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus any index gain, subject to a maximum settlement amount of $1,191 per $1,000 principal amount of notes. Investors will receive par if the index declines by 15% or less and will lose 1.1765% for every 1% that it declines beyond 15%.

Issuer:AB Svensk Exportkredit
Issue:Equity index-linked notes
Underlying index:MSCI All Country World index
Amount:$15,095,000
Maturity:Jan. 2, 2013
Coupon:0%
Price:Par
Payout at maturity:Par plus any index gain, up to maximum return of 19.1%; par if index declines by 15% or less; 1.1765% loss for every 1% index decline beyond 15%
Initial index level:328.4
Pricing date:Dec. 23
Settlement date:Jan. 3
Underwriter:Goldman, Sachs & Co.
Fees:0.25%
Cusip:01019M298

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