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Svensk plans 14-month Accelerated Return Notes linked to MSCI EAFE
By Susanna Moon
Chicago, Oct. 25 - AB Svensk Exportkredit plans to price 0% Accelerated Return Notes due January 2015 linked to the MSCI EAFE index, according to an FWP with the Securities and Exchange Commission.
The payout at maturity will be par of $10 plus triple any gain in the index, up to a maximum return of 10% to 14%. The exact cap will be set at pricing.
Investors will be exposed to any losses.
BofA Merrill Lynch is the agent.
The notes will price in November and settle in December.
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