By Laura Lutz
Des Moines, April 25 - AB Svensk Exportkredit priced $8 million of 0% securities due April 28, 2011 linked to the Deutsche Bank Balanced Currency Harvest index, according to a 424B2 filing with the Securities and Exchange Commission.
Deutsche Bank Securities Inc. is the underwriter.
If the final index level is at least the initial level, the payout at maturity will be 155% of par plus any gain in the index.
Otherwise, the payout will be par times the index performance.
| Issuer: | AB Svensk Exportkredit
|
| Issue: | Securities
|
| Underlying index: | Deutsche Bank Balanced Currency Harvest index
|
| Amount: | $8 million
|
| Maturity: | April 28, 2011
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 155% of any index gain; investors share in losses
|
| Initial level: | 261.20
|
| Pricing date: | April 24
|
| Settlement date: | April 29
|
| Underwriter: | Deutsche Bank Securities Inc.
|
| Fees: | 0%
|
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