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Merrill Lynch to price Accelerated Return Notes linked to MSCI EAFE for Svensk
By Angela McDaniels
Tacoma, Wash., Nov. 24 - AB Svensk Exportkredit plans to price 14-month 0% Accelerated Return Notes linked to the MSCI EAFE index via Merrill Lynch, Pierce, Fenner & Smith Inc., according to an FWP filing with the Securities and Exchange Commission.
The payout at maturity will be par of $10 plus triple any increase in the index, subject to a maximum return of 13% to 17% that will be set at pricing. Investors will be exposed to any index decline.
The notes will price in December or January.
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