Published on 6/8/2018 in the Prospect News Investment Grade Daily.
New Issue: Svenska Handelsbanken prices $190 million two-year floaters at Libor plus 30 bps
By Cristal Cody
Tupelo, Miss., June 8 – Svenska Handelsbanken AB, New York Branch priced $190 million of two-year floating-rate notes (Aa2/AA-/AA) on Thursday at Libor plus 30 basis points, according to a market source.
The firm is part of Svenska Handelsbanken AB, a Swedish bank based in Stockholm.
Issuer: | Svenska Handelsbanken AB, New York Branch
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Amount: | $190 million
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Maturity: | 2020
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Description: | Floating-rate notes
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Coupon: | Libor plus 30 bps
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Trade date: | June 7
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Ratings: | Moody’s: Aa2
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| S&P: AA-
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| Fitch: AA
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