Wells Fargo plans enhanced growth securities on S&P 500 for Svensk

By Jennifer Chiou

New York, April 18 - AB Svensk Exportkredit plans to price 0% enhanced growth securities with capped upside due May 7, 2012 linked to the S&P 500 index via Wells Fargo Securities, LLC, according to a 424B2 filing with the Securities and Exchange Commission.

If the final index level is greater than the initial level, investors will receive par plus 1.75 times the gain, subject to a maximum return of 12% to 16%.

Investors will share in losses.

The notes will price in April and settle in May.

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