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Goldman plans leveraged notes linked to Dow Jones-UBS Enhanced E95
By Jennifer Chiou
New York, March 17 - AB Svensk Exportkredit plans to price leveraged commodity index-linked notes tied to the Dow Jones-UBS Enhanced E95 Total Return index via Goldman Sachs & Co., according to a 424B2 filing with the Securities and Exchange Commission.
The notes will have a tenor of 13 months and will pay quarterly interest at Libor minus a to-be-set spread. Interest will reset quarterly.
At maturity, the payout on the notes will be three times the index return, less a fee of 0.5% per year.
The notes are putable at any time. If the index finishes at or below 85% of its initial level, the notes will be called.
The exact deal terms will be set at pricing.
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