Svensk plans to price notes linked to leveraged ruble basket via Goldman Sachs

By E. Janene Geiss

Philadelphia, Feb. 22 - AB Svensk Exportkredit plans to price an offering of notes due in 2009 linked to a leveraged ruble basket via Goldman, Sachs & Co., according to a 424B2 filing with the Securities and Exchange Commission.

The basket consists of the exchange rate of the ruble against the dollar and the exchange rate of the dollar against the euro.

The payout at maturity will be 107% to 108% of par plus 250% of any gain on the basket. Investors will receive at least 107% to 108% of par. The exact bonus percentage will be determined at pricing.

Pricing and settlement dates are to be determined.

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