Goldman Sachs to price 0% notes linked to emerging markets index, commodities basket for Svensk

By Angela McDaniels

Seattle, Jan. 19 - AB Svensk Exportkredit plans to price 0% notes linked to equal weights of the iShares MSCI Emerging Markets Index Fund and the Goldman Sachs Commodity Excess Return Enhanced Strategy via Goldman, Sachs & Co., according to a 424B2 filing with the Securities and Exchange Commission.

The notes will price at par sometime in January and will mature in two-and-a-half to three years.

The payout at maturity will be a cash amount equal to 97% of par plus a supplemental redemption amount.

If the basket return is positive, the supplemental redemption amount will be par multiplied by the basket return multiplied by the participation rate, which will be set at pricing and is expected to be between 70% and 80%. If the basket return is zero or less, the supplemental amount will be zero.

Agent Goldman Sachs will receive a fee of 0.25%.

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