Svensk plans 14-month Accelerated Return Notes linked to Russell 2000

By Susanna Moon

Chicago, Nov. 24 – AB Svensk Exportkredit plans to price 14-month 0% Accelerated Return Notes due February 2017 linked to the Russell 2000 index, according to an FWP filing with the Securities and Exchange Commission.

The payout at maturity will be par plus triple any gain in the index, up to a maximum return of 13% to 17%. The exact cap will be set at pricing.

Investors will be exposed to any losses.

Bank of America Merrill Lynch is the agent.

The notes are expected to price and settle in December.

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