Wells Fargo to price enhanced growth commodity-linked notes for Svensk

By Angela McDaniels

Tacoma, Wash., Feb. 4 - AB Svensk Exportkredit plans to price 0% enhanced growth securities with leveraged upside and fixed percentage buffered downside due Sept. 5, 2014 linked to a basket of commodities via Wells Fargo Securities, LLC, according to a 424B2 filing with the Securities and Exchange Commission.

The basket includes equal weights of crude oil, platinum, copper, corn and cotton.

The payout at maturity will be par plus 100% to 115% of any increase in the basket. Investors will receive par if the basket declines by 15% or less and will lose 1% for every 1% that it declines beyond 15%.

The exact participation rate will be set at pricing.

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

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