New Issue: Goldman prices $6.38 million equity index-linked notes on S&P 500 for Svensk

By Jennifer Chiou

New York, June 18 - AB Svensk Exportkredit priced $6.38 million of 0% equity index-linked notes due April 26, 2012 linked to the S&P 500 index via Goldman, Sachs & Co., according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus two times any gain in the index, up to a maximum settlement amount of $1,170 per $1,000 principal amount.

Investors will receive par for losses up to 20% and will be exposed to losses at a rate of 1.25% per 1% decline beyond 20%.

Issuer:	AB Svensk Exportkredit
Issue:	Equity index-linked notes
Underlying index:	S&P 500
Amount:	$6,375,000
Maturity:	April 26, 2012
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus two times any index gain, up to a maximum settlement amount of $1,170 per $1,000 principal amount; par for losses up to 20% and exposure to losses at a rate of 1.25% per 1% decline beyond 20%
Initial index level:	1,113.43
Pricing date:	June 16
Settlement date:	June 23
Underwriter:	Goldman, Sachs & Co.
Fees:	0.25%
Cusip:	01019M629

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