New Issue: Svensk prices $14.09 million Accelerated Return Notes tied to Energy Select Sector

By Marisa Wong

Madison, Wis., May 30 - AB Svensk Exportkredit priced $14.09 million of 0% Accelerated Return Notes due July 26, 2013 linked to the Energy Select Sector index via Bank of America Merrill Lynch, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus triple any index gain, subject to a maximum return of 23.1%.

Investors will be exposed to any decline in the index.

The final index level will equal the average of the index closing levels on the five trading days ending July 23, 2013.

Issuer:	AB Svensk Exportkredit
Issue:	Accelerated Return Notes
Underlying index:	Energy Select Sector index
Amount:	$14,089,970
Maturity:	July 26, 2013
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus triple any index gain, return capped at 23.1%; full exposure to losses
Initial level:	653.34
Final level:	Average of index closing levels on five trading days ending July 23, 2013
Pricing date:	May 24
Settlement date:	June 1
Agent:	Bank of America Merrill Lynch
Fees:	2%
Cusip:	01019A344

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