By Aleesia Forni
Virginia Beach, Jan. 8 - AB Svensk Exportkredit (Swedish Export Credit Corp.) reopened is issue of floating-rate notes due June 12, 2017 to add $360 million, according to an FWP filed with the Securities and Exchange Commission.
The notes have a coupon of Libor plus 18 basis points with a re-offer price of 100.075 to yield Libor plus 16 bps.
Total issuance is $660 million, including $300 million previously sold.
The lead manager was Citigroup Global Markets Inc.
Based in Stockholm, Svensk is the lender to Sweden's export industry.
| Issuer: | Svensk Exportkredit AB
|
| Issue: | Floating-rate notes, reopened
|
| Amount: | $360 million
|
| Maturity: | June 12, 2017
|
| Bookrunners: | Citigroup Global Markets Inc.
|
| Coupon: | Libor plus 18 bps
|
| Price: | 100.075
|
| Yield: | Libor plus 16 bps
|
| Trade date: | Jan. 7
|
| Settlement date: | Jan. 14
|
| Total issuance: | $660 million, including $300 million previously sold on June 10, 2013
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
