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Published on 12/6/2016 in the Prospect News Structured Products Daily.

New Issue: Svensk prices $12.41 million Accelerated Return Notes tied to MSCI EM

By Marisa Wong

Morgantown, W.Va., Dec. 6 – AB Svensk Exportkredit priced $12.41 million of 0% Accelerated Return Notes due Jan. 26, 2018 linked to the MSCI Emerging Markets 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 17.65%. Investors will lose 1% for each 1% decline.

BofA Merrill Lynch is the underwriter.

Issuer:AB Svensk Exportkredit
Issue:Accelerated Return Notes
Underlying index:MSCI Emerging Markets index
Amount:$12,414,260
Maturity:Jan. 26, 2018
Coupon:0%
Price:Par of $10
Payout at maturity:Par plus triple any index gain, capped at 17.65%; 1% loss for each 1% decline
Initial level:857.45
Final index level:Average of index’s closing levels on five trading days ending Jan. 23, 2018
Pricing date:Nov. 22
Settlement date:Nov. 30
Underwriter:BofA Merrill Lynch
Fees:2%
Cusip:01020G439

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