Svensk plans Accelerated Return Notes linked to Russell 2000 index

By Toni Weeks

San Luis Obispo, Calif., April 23 – AB Svensk Exportkredit plans to price 0% Accelerated Return Notes due July 2016 linked to the Russell 2000 index, according to an FWP with the Securities and Exchange Commission.

The payout at maturity will be par plus 300% of any index gain, capped at 12% to 16%. The exact cap will be set at pricing.

Investors will be exposed to any losses.

The notes will price in May and settle in June.

BofA Merrill Lynch is the agent.

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