Svensk plans to price Accelerated Return Notes linked to Russell 2000

By Toni Weeks

San Luis Obispo, Calif., Aug. 29 – AB Svensk Exportkredit plans to price 14-month 0% Accelerated Return Notes due November 2015 linked to the Russell 2000 index via BofA Merrill Lynch, according to an FWP filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus triple any index gain, subject to a maximum return of 12% to 16%. The exact cap will be set at pricing.

Investors will be exposed to any decline in the index.

The notes will price in September and settle in October.

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