Published on 6/10/2008 in the Prospect News Structured Products Daily.
New Issue: Goldman Sachs prices $12.98 million enhanced buffer notes linked to MSCI EAFE for Svensk
By E. Janene Geiss
Philadelphia, June 10 - AB Svensk Exportkredit priced a $12.98 million of 0% enhanced participation buffer notes due Oct. 20, 2009 linked to the MSCI EAFE index via underwriter Goldman, Sachs & Co., according to a 424B2 filing with the Securities and Exchange Commission.
Payout at maturity will be par plus 200% any gain on the index, capped at a maximum return of 17.4%.
Investors will receive par for losses up to 10% and will share in losses beyond 10%.
Issuer: | AB Svensk Exportkredit
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Issue: | Enhanced participation buffer notes
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Underlying index: | MSCI EAFE index
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Amount: | $12,975,000
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Maturity: | Oct. 20, 2009
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | Par plus 200% of any index gain, capped at 17.4%
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Initial level: | 2,122.71
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Buffer level: | 1,910.439, 90% of initial level
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Pricing date: | June 6
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Settlement date: | June 20
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Underwriter: | Goldman, Sachs & Co.
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Fees: | 0.25%
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