Svensk plans 0% securities linked to DB Balanced Currency Harvest via Deutsche Bank

By Laura Lutz

Des Moines, April 18 - AB Svensk Exportkredit plans to price 0% securities due April 2011 linked to the Deutsche Bank Balanced Currency Harvest index, according to a 424B2 filing with the Securities and Exchange Commission.

Deutsche Bank Securities Inc. is the underwriter.

If the final index level is at least the initial level, the payout at maturity will be par plus any gain in the index times a participation rate that will be between 145% and 155% of par.

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

The notes are expected to price and settle in April.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.