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Goldman Sachs to price bull notes linked to three Asian currencies for Svensk
By Susanna Moon
Chicago, Nov. 20 - AB Svensk Exportkredit plans to price 18-month 97.5% principal-protected bull notes linked to a basket of Asian currencies via underwriter Goldman, Sachs & Co., according to a 424B2 filing with the Securities and Exchange Commission.
The basket contains equal weights of the Chinese renminbi, the Malaysian ringgit and the Singapore dollar, all versus the U.S. dollar.
The payout at maturity will be 115% of par if the basket level rises by at least 1%. Otherwise, investors will receive 97.5% of par.
The notes are expected to price in November and settle in December.
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