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Goldman plans buffered notes on S&P GSCI Enhanced index for Svensk
By Susanna Moon
Chicago, July 7 - AB Svensk Exportkredit plans to price 0% buffered excess return index-linked notes tied to the S&P GSCI Enhanced Index Excess Return, according to a 424B2 filing with the Securities and Exchange Commission.
Goldman, Sachs & Co. is the underwriter.
The notes will mature between 36 and 40 months after issue.
The payout at maturity will be par plus 110% of any index gain, up to a maximum return of $1,340 and $1,400 for each $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 exact deal terms for the notes will be set at pricing.
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