New Issue: Goldman Sachs prices $55.345 million protected foreign-exchange basket notes for Svensk

By Jennifer Chiou

New York, Aug. 6 - Goldman Sachs & Co. priced $55.345 million of zero-coupon principal-protected foreign-exchange basket notes due Aug. 15, 2008 linked to a basket of currencies for issuer AB Svensk Exportkredit, according to a 424B2 filing with the Securities and Exchange Commission.

The basket includes the Brazilian real and Chinese renminbi, equally weighted.

The payout at maturity will be par plus any appreciation of the basket currencies against the dollar. If the basket currencies depreciate against the dollar, the payout will be par.

Issuer:	AB Svensk Exportkredit
Issue:	Principal-protected foreign-exchange basket notes
Underlying basket:	Brazilian real and Chinese renminbi against the dollar, equally weighted
Amount:	$55.345 million
Maturity:	Aug. 15, 2008
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus any basket increase; floor of par
Initial exchange rates:	Brazilian real at 1.9495, Chinese renminbi at 7.1425
Pricing date:	Aug. 3
Settlement date:	Aug. 15
Underwriter:	Goldman Sachs & Co.
Fees:	0.25%

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