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Svensk plans 14-month Accelerated Return Notes linked to Euro Stoxx
By Marisa Wong
Morgantown, W, Va., Feb. 22 – AB Svensk Exportkredit plans to price 14-month 0% Accelerated Return Notes due April 2017 linked to the Euro Stoxx 50 index, according to an FWP filing with the Securities and Exchange Commission.
The payout at maturity will be par plus triple any gain in the index, up to a maximum return of 18% to 22%. 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 February and settle in March.
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