Svensk plans accelerated return notes on Euro Stoxx via Merrill

By Marisa Wong

Madison, Wis., Feb. 21 - AB Svensk Exportkredit plans to price 0% Accelerated Return Notes due May 2014 linked to the Euro Stoxx 50 index, according to an FWP filing with the Securities and Exchange Commission.

BofA Merrill Lynch is the agent.

The payout at maturity will be par of $10.00 plus triple any gain in the index, up to a maximum payment of $11.60 to $12.00 per note. The exact cap will be set at pricing.

Investors will be exposed to any losses.

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

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