Goldman plans leveraged buffered notes tied to index basket for Svensk

By Toni Weeks

San Diego, Aug. 12 - AB Svensk Exportkredit plans to price 0% leveraged buffered notes linked to a basket containing two indexes, according to a 424B2 filing with the Securities and Exchange Commission.

Goldman Sachs & Co. is the underwriter.

The notes are expected to mature 18 to 21 months after issue.

The basket comprises the MSCI EAFE index with a 33% weight and the S&P 500 index with a 67% weight.

The payout at maturity will be par plus 1.5 times the basket return, subject to a maximum redemption amount of $1,169.50 to $1,198.75. The exact maximum payment will be set at pricing.

Investors will receive par if the basket falls by up to 10% and will lose 1.1111% for every 1% decline beyond 10%.

© 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.