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Published on 4/25/2011 in the Prospect News Structured Products Daily.

New Issue: Goldman Sachs prices $15.96 million notes tied to MSCI EAFE for Svensk

By Toni Weeks

San Diego, April 25 - AB Svensk Exportkredit priced $15.96 million of 0% leveraged buffered index-linked notes due Nov. 23, 2012 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 1.1 times the index return, subject to a maximum payment of $1,176 per $1,000 of notes.

Investors will receive par if the index falls by up to 15% and will lose 1.1765% for every 1% that the index declines beyond 15%.

Issuer:AB Svensk Exportkredit
Issue:Leveraged buffered index-linked notes
Underlying index:MSCI EAFE index
Amount:$15,961,000
Maturity:Nov. 23, 2012
Coupon:0%
Price:Par
Payout at maturity:If index return is positive, par plus 1.1 times the index return, capped at maximum payment of $1,176 per $1,000 of notes; par if index falls by up to 15% and loss of 1.1765% for every 1% index decline beyond 15%
Initial index level:1,747.6
Pricing date:April 20
Settlement date:April 28
Agent:Goldman Sachs & Co.
Fees:0.25%
Cusip:01019A864

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