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Goldman Sachs to price outperformance notes linked to S&P bank, financial indexes for Svensk
By Angela McDaniels
Tacoma, Wash., Feb. 14 - AB Svensk Exportkredit plans to price 0% outperformance notes due 2009 linked to a long position in the S&P 500 Banks index and a short position in the S&P Financial Select Sector index via Goldman, Sachs & Co., according to 424B2 filing with the Securities and Exchange Commission.
If the increase in the long index exceeds that of the short index or if the decrease in the long index is less than that of the short index, the payout at maturity will be par plus the difference between the two index returns.
If the increase in the long index is less than that of the short index or if the decrease in the long index is greater than that of the short index, the payout at maturity will be par minus the difference between the two index returns.
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