New Issue: Wells Fargo prices $3 million enhanced growth notes linked to commodities for Svensk

By Angela McDaniels

Tacoma, Wash., Jan. 28 - AB Svensk Exportkredit priced $3 million of 0% enhanced growth securities with leveraged upside and fixed percentage buffered downside due Feb. 2, 2015 linked to a basket of commodities via Wells Fargo Securities, LLC, according to a 424B2 filing with the Securities and Exchange Commission.

The basket includes equal weights of crude oil, platinum, copper, corn and cotton.

The payout at maturity will be par plus 140% of any gain in the basket. Investors will receive par if the basket declines by 15% or less and will share in any losses beyond that buffer.

Issuer:	AB Svensk Exportkredit
Issue:	Enhanced growth securities with leveraged upside and fixed percentage buffered downside
Underlying commodities:	Crude oil, platinum, copper, corn and cotton, equally weighted
Amount:	$2,995,000
Maturity:	Feb. 2, 2015
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 140% of any basket gain; par if basket falls by 15% or less; 1% loss for every 1% decline beyond 15%
Pricing date:	Jan. 26
Settlement date:	Jan. 31
Underwriter:	Wells Fargo Securities, LLC
Fees:	2.5%
Cusip:	01019MAL2

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