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Published on 6/25/2010 in the Prospect News Structured Products Daily.

New Issue: Goldman Sachs prices $8.06 million buffered notes linked to S&P GSCI for Svensk

By Marisa Wong

Milwaukee, June 25 - AB Svensk Exportkredit priced $8.06 million of 0% buffered commodity index-linked notes due Feb. 28, 2013 tied to the S&P GSCI Enhanced Commodity Index Excess Return via underwriter Goldman, Sachs & Co., according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus any index gain, subject to a maximum return of 35%. Investors will receive par if the index declines by 15% or less and will lose 1.1765% for every 1% that it declines beyond 15%.

Issuer:AB Svensk Exportkredit
Issue:Buffered commodity index-linked notes
Underlying index:S&P GSCI Enhanced Commodity Index Excess Return
Amount:$8.06 million
Maturity:Feb. 28, 2013
Coupon:0%
Price:Par
Payout at maturity:Par plus any index gain, capped at 35%; par for losses up to 15%; 1.1765% loss per 1% decline beyond 15%
Initial index level:344.15
Pricing date:June 23
Settlement date:June 30
Underwriter:Goldman, Sachs & Co.
Fees:0.25%
Cusip:00254EKH4

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