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Published on 9/27/2005 in the Prospect News Convertibles Daily.

New Issue: Svensk Exportkredit prices $14.88 million triple-up notes linked to Euro Stoxx 50

New York, Sept. 29 - AB Svensk Exportkredit priced $14.882 million triple-up appreciation index-linked notes due 2007 linked to the Dow Jones Euro Stoxx 50 index, according to a 424B3 filing with the Securities and Exchange Commission.

At maturity, holders receive triple the gain on the index, capped at a maximum of 121% of par. They participate fully in any decline.

Issuer:AB Svensk Exportkredit
Issue:Triple-up appreciation index-linked notes
Underlying index:Dow Jones Euro Stoxx 50
Amount:$14.882 million
Maturity:May 11, 2007
Coupon:0%
Price:100
Payout at maturity:If index gains by more than 7%, 121% of par; if index gains by up to 7%, par plus triple appreciation of index; full participation in any decline in the index
Pricing date:Sept. 23
Settlement date:Sept. 29
Underwriter:Goldman, Sachs & Co.

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