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Published on 6/26/2019 in the Prospect News High Yield Daily.

New Issue: SSAB sells SEK 600 million 2¾% notes, SEK 1.4 billion floaters due 2024

By Marisa Wong

Morgantown, W.Va., June 26 – SSAB AB issued SEK 600 million of 2¾% fixed-rate notes due June 26, 2024, according to a notice.

SSAB also issued SEK 1.4 billion of floating-rate notes due 2024, according to a separate notice.

SSAB is a Stockholm-based steel producer.

Issuer:SSAB AB
Settlement date:June 26
Fixed-rate notes
Amount:SEK 600 million
Maturity:June 26, 2024
Coupon:2¾%
Floating-rate notes
Amount:SEK 1.4 billion
Maturity:June 2024

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