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Swedbank launches $1 billion five-year notes tighter than guidance
By Andrea Heisinger
New York, Sept. 24 - Swedbank AB launched a $1 billion offering of five-year notes on Monday at Treasuries plus 150 basis points, a market source said.
The notes (A2/A+/) were talked in the 160 basis points area.
The deal is being priced under Rule 144A and Regulation S.
Bookrunners are Bank of America Merrill Lynch, Barclays and BNP Paribas Securities Corp.
The financial services company is based in Stockholm.
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