Merrill plans Accelerated Return Notes on Rogers Commodity for Svensk

By Toni Weeks

San Diego, Jan. 28 - AB Svensk Exportkredit plans to price 0% capped Accelerated Return Notes due May 2012 based on the performance of the Rogers International Commodity Index - Excess Return, according to an FWP filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10.00 plus triple any gain in the index, up to a maximum payment of $11.10 to $11.50 per note. The exact cap will be set at pricing.

Investors will be fully exposed to any losses.

Merrill Lynch & Co. is the agent.

The notes will price in February and settle in March.

© 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.