New Issue: Goldman Sachs prices $5.51 million buffered notes linked to S&P GSCI for Svensk

By Angela McDaniels

Tacoma, Wash., Jan. 20 - AB Svensk Exportkredit priced $5.51 million of 0% buffered commodity index-linked notes due Jan. 28, 2014 tied to the S&P GSCI Enhanced Commodity Index Excess Return via underwriter Goldman Sachs & Co., according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus any index gain, subject to a maximum return of 43%. Investors will receive par if the index declines by 10% or less and will lose 1.1111% for every 1% that it declines beyond 10%.

Issuer:	AB Svensk Exportkredit
Issue:	Buffered commodity index-linked notes
Underlying index:	S&P GSCI Enhanced Commodity Index Excess Return
Amount:	$5.51 million
Maturity:	Jan. 28, 2014
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus any index gain, capped at 43%; par for losses up to 10%; 1.1111% loss per 1% decline beyond 10%
Initial index level:	427.3
Pricing date:	Jan. 18
Settlement date:	Jan. 25
Underwriter:	Goldman Sachs & Co.
Fees:	0.25%
Cusip:	00254EKQ4

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