Svensk plans Accelerated Return Notes linked to MSCI EAFE

By Toni Weeks

San Luis Obispo, Calif., May 29 - AB Svensk Exportkredit plans to price 14-month 0% Accelerated Return Notes due August 2015 linked to the MSCI EAFE index via BofA Merrill Lynch, according to an FWP 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 11% to 15%. The exact cap will be set at pricing.

Investors will be exposed to any decline in the index.

The notes will price in June and settle in July.

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