Merrill Lynch to sell Capped Leveraged Index Return Notes on Dow Jones - AIG Commodity for Svensk

By Jennifer Chiou

New York, Dec. 5 - AB Svensk Exportkredit plans to price 0% Capped Leveraged Index Return Notes due July 2010 linked to the Dow Jones - AIG Commodity index - Excess Return via Merrill Lynch & Co. and First Republic Securities Co., LLC, according to an FWP filing with the Securities and Exchange Commission.

Payout at maturity will be par of $10 plus double any index gain, up to a maximum return of 19% to 23%. The exact cap will be set at pricing.

Investors will receive par if the index falls by up to 10% and will be exposed to losses beyond 10%.

The notes will price and settle in January.

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