Svensk plans basket-linked notes via Goldman Sachs

By Laura Lutz

Des Moines, Nov. 19 - AB Svensk Exportkredit plans to price notes due 2010 linked to a mixed basket via Goldman, Sachs & Co., according to a 424B2 filing with the Securities and Exchange Commission.

The basket consists of equal weights of the iShares Emerging Markets index fund and the S&P GSCI Light Energy E27 Excess Return Strategy

The notes are expected to have a maturity of between 30 months and three years.

The payout at maturity will be 97% of par plus any gain on the basket times a participation rate that is expected to be between 65% and 75%. The exact rate will be set at pricing.

Investors will receive at least 97% of par.

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