Merrill to price Accelerated Return Notes tied to platinum for Svensk

By Angela McDaniels

Tacoma, Wash., Aug. 26 - AB Svensk Exporkredit plans to price 0% Accelerated Return Notes due December 2012 linked to the front-month futures contract for platinum via Bank of America Merrill Lynch, according to an FWP filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10.00 plus triple any gain in the price of the futures contract, up to a maximum return of 15% to 19% that will be set at pricing.

Investors will be exposed to any decline in the price of the futures contract.

The notes are expected to price in September and settle in October.

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