Published on 7/5/2011 in the Prospect News Investment Grade Daily.
New Issue: Svenska Handelsbanken sells $1.25 billion 3.125% five-year notes at Treasuries plus 145 bps
By Andrea Heisinger
New York, July 5 - Svenska Handelsbanken AB priced $1.25 billion of 3.125% five-year notes on Tuesday at Treasuries plus 145 basis points, an informed source said.
The notes (Aa2/AA-/AA-) were sold at 99.991 to yield 3.127%. They are non-callable.
Bookrunners were Bank of America Merrill Lynch, Citigroup Global Markets Inc., Goldman Sachs & Co. and Morgan Stanley & Co., Inc.
The financial services company and bank is based in Stockholm, Sweden.
Issuer: | Svenska Handelsbanken AB
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Issue: | Notes
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Amount: | $1.25 billion
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Maturity: | July 12, 2016
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Bookrunners: | Bank of America Merrill Lynch, Citigroup Global Markets Inc., Goldman Sachs & Co., Morgan Stanley & Co., Inc.
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Coupon: | 3.125%
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Price: | 99.991
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Yield: | 3.127%
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Spread: | Treasuries plus 145 bps
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Call: | Non-callable
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Trade date: | July 5
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Settlement date: | July 12
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Ratings: | Moody's: Aa2
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| Standard & Poor's: AA-
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| Fitch: AA-
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