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Published on 5/1/2017 in the Prospect News Structured Products Daily.

New Issue: Svensk prices $15.14 million Accelerated Return Notes tied to Russell

By Wendy Van Sickle

Columbus, Ohio, May 1 – AB Svensk Exportkredit priced $15.14 million of 0% Accelerated Return Notes due June 29, 2018 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus triple any index gain, up to a maximum return of 13%. Investors will lose 1% for each 1% decline.

Merrill Lynch & Co. is the underwriter.

Issuer:AB Svensk Exportkredit
Issue:Accelerated Return Notes
Underlying index:Russell 2000
Amount:$15,144,010
Maturity:June 29, 2018
Coupon:0%
Price:Par of $10
Payout at maturity:Par plus triple any index gain, capped at 13%; 1% loss for each 1% decline
Initial level:1,417.127
Final index level: Average of index’s closing levels on five trading days ending June 26, 2018
Pricing date:April 27
Settlement date:May 4
Underwriter:Merrill Lynch & Co.
Fees:2%
Cusip:01020G389

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