Merrill Lynch to price Capped Leveraged Index Return Notes linked to S&P 500 for Svensk

By Angela McDaniels

Tacoma, Wash., July 29 - AB Svensk Exportkredit plans to price two-year 0% Capped Leveraged Index Return Notes linked to the S&P 500 index via Merrill Lynch, Pierce, Fenner & Smith Inc., First Republic Securities Co., LLC and Banc of America Investment Services, Inc., according to an FWP filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus double any index gain, subject to a maximum return of 18% to 22% that will be set at pricing. Investors will receive par if the index declines by 10% or less and will be exposed to any decline beyond 10%.

Application may be made to list the notes on NYSE Arca under the symbol "SOG."

The notes will price and settle in August or September.

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