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