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Published on 10/4/2016 in the Prospect News Structured Products Daily.

New Issue: Svensk prices $25.41 million Accelerated Return Notes tied to Russell

By Devika Patel

Knoxville, Tenn., Oct. 4 – AB Svensk Exportkredit priced $25.41 million of 0% Accelerated Return Notes due Nov. 22, 2017 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 13.83%. Investors will lose 1% for each 1% decline.

Merrill Lynch & Co. is the underwriter.

Issuer:AB Svensk Exportkredit
Issue:Accelerated Return Notes
Underlying index:Russell 2000
Amount:$25,411,970
Maturity:Nov. 22, 2017
Coupon:0%
Price:Par of $10
Payout at maturity:Par plus triple any index gain, capped at 13.83%; 1% loss for each 1% decline
Initial level:1,237.751
Final index level:Average of index’s closing levels on five trading days ending Nov. 17, 2017
Pricing date:Sept. 29
Settlement date:Oct. 6
Underwriter:Merrill Lynch & Co.
Fees:2%
Cusip:01020G454

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