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Published on 2/12/2010 in the Prospect News Structured Products Daily.

New Issue: Goldman Sachs sells $16.19 million buffered notes on MSCI EAFE for Svensk

By Susanna Moon

Chicago, Feb. 12 - AB Svensk Exportkredit priced $16.19 million buffered index-linked notes due April 25, 2011 based on the MSCI EAFE index, according to an FWP filing with the Securities and Exchange Commission.

Goldman, Sachs & Co. is the underwriter.

The payout at maturity will be par plus any gain on the index, up to a maximum redemption amount of $1,231 per $1,000 note.

Investors will receive par if the index falls by up to 10% and will lose 1.1111% for every 1% decline beyond 10%.

Issuer:AB Svensk Exportkredit
Issue:Buffered index-linked notes
Underlying index:MSCI EAFE index
Amount:$16,189,000
Maturity:April 25, 2011
Coupon:0%
Price:Par
Payout at maturity:Par plus any index gain, capped at 23.1%; par if the index declines by 10% or less and losses of 1.1111% per 1% drop beyond 10%
Initial index level:1,461
Buffer level:1,314.9, or 90% of initial level
Pricing date:Feb. 11
Settlement date:Feb. 26
Underwriter:Goldman, Sachs & Co.
Fees:0.25%
Cusip:01019M686

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