Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers S > Headlines for Svensk ExportKredit (Swedish Export Credit Corp.) > News item |
Goldman plans equity index-linked notes tied to S&P 500 for Svensk
By Susanna Moon
Chicago, June 29 - AB Svensk Exportkredit plans to price 0% equity index-linked notes based on the S&P 500 index via Goldman, Sachs & Co., according to a 424B2 filing with the Securities and Exchange Commission.
The notes will mature between 24 and 27 months after issue.
The payout at maturity will be par plus 1.5 times any gain in the index, up to a maximum settlement amount of $1,210 to $1,247.50 per $1,000 principal amount.
Investors will receive par if the index falls by up to 10% and will lose 1.1111% for each 1% decline beyond 10%.
The exact deal terms will be set at pricing.
© 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.