Svensk to price accelerated return notes tied to S&P MidCap 400

By Toni Weeks

San Diego, Sept. 27 - AB Svensk Exportkredit plans to price 0% accelerated return notes due January 2014 linked to the S&P MidCap 400 index, according to an FWP filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 300% of any index gain, subject to a maximum return of 11% to 15% that will be set at pricing.

Investors will be fully exposed to losses.

The notes are expected to price in October and settle in November.

Bank of America Merrill Lynch will act as agent.

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