By Susanna Moon
Chicago, Nov. 3 - AB Svensk Exportkredit priced $6.23 million of 0% leveraged buffered index-linked notes due May 8, 2013 tied to the MSCI EAFE index, according to a 424B2 filing with the Securities and Exchange Commission.
Goldman Sachs & Co. is the underwriter.
The payout at maturity will be par plus double any index gain, up to a maximum settlement amount of $1,229 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 initial index level is lower than the closing level at pricing, which was 1,440.44.
| Issuer: | AB Svensk Exportkredit
|
| Issue: | Leveraged buffered index-linked notes
|
| Underlying index: | MSCI EAFE
|
| Amount: | $6,228,000
|
| Maturity: | May 8, 2013
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 200% of any index gain, capped at 22.9%; par if index falls by up to 10%; 1.1111% loss for each 1% drop beyond 10%
|
| Initial index level: | 1,440.00
|
| Pricing date: | Nov. 1
|
| Settlement date: | Nov. 8
|
| Underwriter: | Goldman Sachs & Co.
|
| Fees: | 0.25%
|
| Cusip: | 01019A492
|
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