Merrill to price Accelerated Return Notes tied to copper for Svensk

By Jennifer Chiou

New York, Jan. 19 - AB Svensk Exportkredit plans to price 14-month 0% Accelerated Return Notes linked to the spot price of copper through Merrill Lynch, Pierce, Fenner & Smith Inc., according to an FWP with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus triple any increase in the spot price, subject to a maximum return of 31% to 35% that will be set at pricing. Investors will be exposed to any decline in the spot price.

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

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