New Issue: Goldman Sachs prices $10.41 million 0% notes linked to S&P 500 for Svensk

By Angela McDaniels

Tacoma, Wash., July 29 - AB Svensk Exportkredit priced $10.41 million of 0% equity index-linked notes due Sept. 4, 2012 linked to the S&P 500 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 gain in the index, subject to a maximum settlement amount of $1,237.50 per $1,000 principal amount of notes. Investors will receive par if the index declines by 20% or less and will lose 1.25% for every 1% that it declines beyond 20%.

Issuer:	AB Svensk Exportkredit
Issue:	Equity index-linked notes
Underlying index:	S&P 500
Amount:	$10,405,000
Maturity:	Sept. 4, 2012
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus any index gain, up to maximum return of 23.75%; par if index falls by 20% or less; 1.25% loss for every 1% decline beyond 20%
Initial index level:	1,113.35
Pricing date:	July 27
Settlement date:	Aug. 3
Underwriter:	Goldman, Sachs & Co.
Fees:	0.25%
Cusip:	01019M520

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