Filed Pursuant to Rule 433

Registration No. 333-178202

 

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     Accelerated Return Notes ® Linked to the Russell 2000 ® Index    LOGO
Issuer    Swedish Export Credit Corporation (“SEK”)   
Principal Amount    $10.00 per unit   
Term    Approximately 14 months   
Market Measure    Russell 2000 ® Index (Bloomberg symbol: “RTY”)   
Payout Profile at Maturity   

•   3-to-1 upside exposure to increases in the Market Measure, subject to the Capped Value

•   1-to-1 downside exposure to decreases in the Market Measure, with 100% of your investment at risk

  
Capped Value    [$11.10 - $11.50] per unit, a [11% - 15%] return over the principal amount, to be determined on the pricing date   

Investment

Considerations

   This investment is designed for investors who anticipate that the Market Measure will increase moderately over the term of the notes, and are willing to accept a capped return, take full downside risk and forgo interim interest payments.   
Preliminary Offering Documents        
Exchange Listing    No   

 

You should read the relevant Preliminary Offering Documents before you invest.

Click on the Preliminary Offering Documents hyperlink above or call your Financial Advisor for a hard copy.

 

  

 

Graphs are for illustrative purposes only and do not represent the specific terms of any Market-Linked Investment.

Risk Factors      

Please see the Preliminary Offering Documents for a description of certain risks related to this investment, including, but not limited to, the following:

  •   Depending on the performance of the Market Measure as measured shortly before the maturity date, your investment may result in a loss; there is no guaranteed return of principal.
  •   Payments on the notes, including repayment of principal, are subject to the credit risk of SEK. If SEK becomes insolvent or is unable to pay its obligations, you may lose your entire investment.
  •   Your investment return, if any, is limited to the return represented by the Capped Value and may be less than a comparable investment directly in the stocks included in the Market Measure.
  •   The initial estimated value of the notes on the pricing date will be less than their public offering price.
  •   If you attempt to sell the notes prior to maturity, their market value may be lower than both the public offering price and the initial estimated value of the notes on the pricing date.
  •   You will have no rights of a holder of the securities represented by the Market Measure, and you will not be entitled to receive securities or dividends or other distributions by the issuers of those securities.

Final terms will be set on the pricing date within the given range for the specified Market-Linked Investment. Please see the Preliminary Offering Documents for complete product disclosure, including related risks and tax disclosure.

 

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