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Published on 6/29/2010 in the Prospect News Structured Products Daily.

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.


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