Merrill plans Accelerated Return Notes on Rogers commodity for Svensk

By Jennifer Chiou

New York, Sept. 30 - AB Svensk Exportkredit plans to price 0% Accelerated Return Notes due December 2012 linked to the Rogers International Commodity Index-Excess Return, according to an FWP with the Securities and Exchange Commission.

Bank of America Merrill Lynch is the agent.

The payout at maturity will be par of $10 plus triple any gain in the index, up to a maximum return of $11.30 to $11.70 per note. The exact cap will be set at pricing.

Investors will be exposed to any losses.

The notes will price in October and settle in November.

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