New Issue: Goldman Sachs prices $2.24 million 0% notes linked to S&P 500 for Svensk

By Angela McDaniels

Tacoma, Wash., Sept. 3 - AB Svensk Exportkredit priced $2.24 million of 0% equity index-linked notes due Sept. 11, 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 1.5 times any index gain, subject to a maximum return of 28.125%. Investors will receive par if the index declines by 10% or less and will lose 1.1111% for every 1% that it declines beyond 10%.

Issuer:	AB Svensk Exportkredit
Issue:	Equity index-linked notes
Underlying index:	S&P 500
Amount:	$2.24 million
Maturity:	Sept. 11, 2012
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 1.5 times any index gain, up to maximum return of 28.125%; par if index declines by 10% or less; 1.1111% loss for every 1% decline beyond 10%
Initial index level:	1,065.79
Pricing date:	Sept. 1
Settlement date:	Sept. 9
Underwriter:	Goldman, Sachs & Co.
Fees:	0.25%
Cusip:	01019M439

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