Svensk to price Elements linked to Rogers International Commodity - Metals Total Return

By Jennifer Chiou

New York, June 21 - AB Svensk Exportkredit plans to price 0% Elements due 2022 linked to the Rogers International Commodity index - Metals Total Return via agents Nuveen Investments and Merrill Lynch & Co., according to a 424B2 filing with the Securities and Exchange Commission.

The index represents the value of a basket of 10 metals commodity futures contracts and is a sub-index of the Rogers International Commodity index - Total Return, which is a composite, dollar-based, total return index launched by James B. Rogers on July 31, 1998, representing the value of a basket of commodities consumed in the global economy, ranging from agricultural to energy and metals products.

At maturity, investors will receive par plus the index return, less an annual investor fee of 0.75% times the proportion of days elapsed.

Beginning ninety days after the issue date, holders may put back the notes for repurchase on a weekly repurchase date. There is a minimum put requirement of $5 million of securities.

Svensk Exportkredit intends to list the securities on the New York Stock Exchange under "ECY."

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