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Published on 4/18/2011 in the Prospect News Structured Products Daily.

Goldman plans leveraged buffered notes on MSCI EAFE for Svensk

By Jennifer Chiou

New York, April 18 - AB Svensk Exportkredit plans to price 0% leveraged buffered index-linked notes due in 18 to 23 months tied to the MSCI EAFE index via Goldman, Sachs & Co., according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par plus 110% of the index gain, subject to a maximum return that is expected to be between $1,159.50 and $1,187.00 per note.

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

The exact deal terms for the notes will be set at pricing.


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