Goldman Sachs to price absolute return trigger notes linked to S&P 500 for Svensk

By Angela McDaniels

Tacoma, Wash., Dec. 3 - AB Svensk Exportkredit plans to price 0% absolute return trigger notes linked to the S&P 500 index via underwriter Goldman, Sachs & Co., according to a 424B2 filing with the Securities and Exchange Commission.

The maturity date is expected to fall 15 to 18 months after the pricing date.

If the index is ever above the upper trigger level or below the lower trigger level, the payout at maturity will be par. Otherwise, the payout will be par plus the absolute value of the index return.

The upper and lower trigger levels will be 21.5% to 23.5% above and below the initial index level, respectively. The exact levels will be set at pricing.

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