New Issue: Wells Fargo prices $5.16 million enhanced growth securities linked to S&P 500 for Svensk

By Toni Weeks

San Diego, May 2 - AB Svensk Exportkredit priced $5.16 million of 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.

The payout at maturity will be par plus 1.75 times any gain in the index, subject to a maximum payment of $1,120 per security.

Investors will share fully in losses if the index declines.

Issuer:	AB Svensk Exportkredit
Issue:	Enhanced growth securities with capped upside
Underlying:	S&P 500 index
Amount:	$5,157,000
Maturity:	May 7, 2012
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 1.75 times any gain in index, subject to maximum payment of $1,120 per $1,000 security; full exposure to losses
Initial level:	1,360.48
Pricing date:	April 28
Settlement date:	May 5
Agent:	Wells Fargo Securities, LLC
Fees:	1.5%
Cusip:	01019MAR9

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