New Issue: Goldman Sachs prices $7.45 million buffer notes linked to S&P 500 for Svensk

By Laura Lutz

Des Moines, March 17 - AB Svensk Exportkredit priced $7.45 million of 0% enhanced participation buffer notes due March 29, 2010 linked to the S&P 500 index via Goldman, Sachs & Co., according to an FWP filing with the Securities and Exchange Commission.

If the final index level is at least the initial level, the payout at maturity will be par plus 300% of any index gain, capped at a maximum payout equal to 126.4% of par.

If the index declines by up to 10%, the payout will be par. Investors will lose 1.1111% for each 1% that the index declines beyond 10%.

Issuer:	AB Svensk Exportkredit
Issue:	Enhanced participation buffer notes
Underlying index:	S&P 500 index
Amount:	$7,451,000
Maturity:	March 29, 2010
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 300% of any index gain, capped at 126.4% of par
Initial level:	1,313.90
Pricing date:	March 14
Settlement date:	March 28
Underwriter:	Goldman, Sachs & Co.
Fees:	0.25%

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