Goldman plans leveraged buffered notes on MSCI EAFE for Svensk

By Jennifer Chiou

New York, Oct. 7 - AB Svensk Exportkredit plans to price 0% leveraged buffered index-linked notes tied to the MSCI EAFE index via Goldman, Sachs & Co., according to a 424B2 filing with the Securities and Exchange Commission.

The maturity is expected to be between 18 and 21 months after issue.

If the index return is positive, the payout at maturity will be par plus 200% of the index gain, subject to a maximum return that is expected to be between $1,230 and $1,270 per note.

Investors will receive par if the index falls by up to 15% and will share in losses at a rate of 1.1765% per 1% drop beyond 15%.

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.