By Angela McDaniels
Tacoma, Wash., Dec. 8 - AB Svensk Exportkredit priced an additional $1 million of 0% Elements due Feb. 13, 2023 linked to the MLCX Biofuels Index - Total Return via Nuveen Investments and Merrill Lynch, Pierce, Fenner & Smith Inc., according to a 424B3 filing with the Securities and Exchange Commission.
The notes priced at 82.170 and bring the issue size to $10 million. The company issued $4 million of notes at par on Feb. 11, 2008 and $5 million at 68.873 on March 31, 2009.
The payout at maturity will be par plus the index return, less an annual investor fee of 0.75%.
The notes are putable on weekly repurchase dates. There is a minimum put requirement of $5 million of securities.
The notes are listed on the NYSE Arca under the symbol "FUE."
| Issuer: | AB Svensk Exportkredit
|
| Issue: | Elements
|
| Underlying index: | MLCX Biofuels Index - Total Return
|
| Amount: | $10 million, increased from $4 million
|
| Maturity: | Feb. 13, 2023
|
| Coupon: | 0%
|
| Price: | Par for $4 million; 68.873 for $5 million; 82.170 for $1 million
|
| Payout at maturity: | Par plus the index return, less annual investor fee of 0.75%
|
| Put option: | On weekly repurchase dates
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| Pricing date: | Feb. 5, 2008
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| Settlement dates: | Feb. 11, 2008 for $4 million; March 31, 2009 for $5 million; Nov. 23 for $1 million
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| Underwriters: | Nuveen Investments and Merrill Lynch Pierce, Fenner & Smith Inc.
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| Listing: | NYSE Arca: FUE
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