New Issue: Goldman Sachs prices $5.01 million buffer notes linked to MSCI EAFE for Svensk

By Angela McDaniels

Tacoma, Wash., Oct. 1 - AB Svensk Exportkredit priced $5.01 million of 0% buffer index-linked notes due Oct. 15, 2010 linked to the MSCI EAFE index via Goldman, Sachs & Co., according to an FWP filing with the Securities and Exchange Commission.

If the final index level is greater than the initial level, the payout at maturity will be par plus 105% of the gain.

If the final index level is less than the initial level but at least equal to the buffer level - 85% of the initial level - the payout will be par. If the final index level is less than the buffer level, the payout will equal par multiplied by the quotient of the final index level divided by the buffer level.

Issuer:	AB Svensk Exportkredit
Issue:	Buffer index-linked notes
Underlying index:	MSCI EAFE
Amount:	$5.01 million
Maturity:	Oct. 15, 2010
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 105% of any index gain; par if the index finishes below the initial level but at or above the buffer level; otherwise, par multiplied by the quotient of the final index level divided by the buffer level
Initial index level:	1,553.1
Buffer level:	1,320.125, 85% of initial level
Pricing date:	Sept. 30
Settlement date:	Oct. 15
Underwriter:	Goldman, Sachs & Co.
Fees:	0.25%

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