Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers S > Headlines for Svensk ExportKredit (Swedish Export Credit Corp.) > News item |
Goldman Sachs to sell enhanced participation buffer notes linked to MSCI EAFE for Svensk
By Angela McDaniels
Tacoma, Wash., Sept. 9 - AB Svensk Exportkredit plans to price 0% enhanced participation buffer notes due 2010 linked to the MSCI EAFE index via underwriter Goldman, Sachs & Co., according to a 424B2 filing with the Securities and Exchange Commission.
The notes will have a tenor of 18 to 20 months.
The payout at maturity will be par plus triple any index gain, subject to a maximum payout that is expected to be 115% to 121% of par and will be set at pricing. Investors will receive par if the index declines by 10% or less and will lose 1.1111% for every 1% that the index declines beyond 10%.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.