Svensk plans 14-month Accelerated Return Notes tied to Russell 2000

By Susanna Moon

Chicago, July 14 – AB Svensk Exportkredit plans to price 0% Accelerated Return Notes due September 2018 linked to the Russell 2000 index, 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, up to a maximum return of 12% to 16%.

Investors will be exposed to any losses.

The notes are guaranteed by Bank of America Corp.

BofA Merrill Lynch is the underwriter.

The notes will price in July and settle in August.

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