Svensk plans Accelerated Return Notes on DJ-UBS Agriculture sub-index

By Jennifer Chiou

New York, Jan. 26 - AB Svensk Exportkredit plans to price 0% Accelerated Return Notes due April 2013 linked to the Dow Jones-UBS Agriculture Sub-Index-Excess Return via Bank of America Merrill Lynch, according to an FWP with the Securities and Exchange Commission.

The payout at maturity will be par plus 300% of any index gain, subject to a maximum payment of $11.40 to $11.80 per $10.00 principal amount. The exact maximum payment will be determined at pricing.

Investors will be fully exposed to losses.

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

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