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Merrill Lynch to price Accelerated Return Notes linked to Energy Select Sector for Svensk
By Angela McDaniels
Tacoma, Wash., Oct. 29 - AB Svensk Exportkredit plans to price 14-month 0% Accelerated Return Notes linked to the Energy Select Sector index via underwriters Merrill Lynch, Pierce, Fenner & Smith Inc. and First Republic Securities Co., LLC, according to an FWP filing with the Securities and Exchange Commission.
The payout at maturity will be par of $10 plus triple any index gain, subject to a maximum return of 21% to 25% that will be set at pricing. Investors will be fully exposed to any index decline.
Application may be made to list the notes on NYSE Arca under the symbol "ANI."
The notes will price in November or December.
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