Svensk to price 0% Accelerated Return Notes linked to Russell 1000 via Merrill Lynch

By Laura Lutz

Des Moines, Jan. 31 - AB Svensk Exportkredit plans to price 0% Accelerated Return Notes due May 2009 linked to the Russell 1000 index via Merrill Lynch & Co., according to an FWP filing with the Securities and Exchange Commission.

If the final index level is at least the initial level, the payout will be par plus 300% of any gain in the index. The payout will be capped at between 113% and 117% of par.

Otherwise, the payout will be par times the index performance.

Merrill Lynch said it is applying to list the notes on the American Stock Exchange under the symbol "RDF."

The notes are expected to price in February and settle in March.

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