Wells Fargo to price access securities linked to S&P 500 for Svensk

By Angela McDaniels

Tacoma, Wash., Jan. 6 - AB Svensk Exportkredit plans to price 0% access securities with uncapped upside and contingent downside protection due Feb. 5, 2016 linked to the S&P 500 index via Wells Fargo Securities, LLC, according to a 424B2 filing with the Securities and Exchange Commission.

If the final index level is greater than the initial level, the payout at maturity will be par plus the index return.

If the final index level is less than the initial level and the index falls to or below 60% of its initial level at any time on any day during the life of the notes, the payout at maturity will be par plus the index return, which could be positive or negative. Otherwise, the payout will be par.

The notes will price in January and settle in February.

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