Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers S > Headlines for Svensk ExportKredit (Swedish Export Credit Corp.) > News item |
Merrill to price 0% Accelerated Return Notes linked to Euro Stoxx for Svensk
By Susanna Moon
Chicago, June 12 - Merrill Lynch & Co. plans to price 0% Accelerated Return Notes due September 2009 linked to the Dow Jones Euro Stoxx 50 index for AB Svensk Exportkredit, according to an FWP filing with the Securities and Exchange Commission.
The notes are expected to price and settle in July.
Payout at maturity will be par of $10 plus triple any index gain, capped at a return of between 13% and 17%. The exact cap will be set at pricing.
Investors will be exposed to any decline in the index.
The notes are expected to trade on the American Stock Exchange under the symbol "EOA."
© 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.