Chicago, June 17 – Swedish Export Credit Corp. priced an additional $100 million of notes (Aa1/AA+) that will form a single series with its upsized $600 million reopening of its 1.75% medium-term global notes due Dec. 12, 2023 priced on June 12 and the $500 million original issue of series F notes sold on Dec. 12, 2019, according to an FWP filing with the Securities and Exchange Commission.
The notes priced at 104.335 to yield 0.485%.
The total outstanding is now $1.2 billion.
Credit Agricole CIB is the lead manager.
The government-owned financial services company for the Swedish export industry is based in Stockholm.
| Issuer: | Swedish Export Credit Corp.
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| Amount: | $100 million reopening
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| Description: | Series F medium-term global notes
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| Maturity: | Dec. 12, 2023
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| Lead manager: | Credit Agricole CIB
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| Coupon: | 1.75%
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| Price: | 104.335
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| Yield: | 0.485%
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| Trade date: | June 17
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| Settlement date: | June 26
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| Ratings: | Moody’s: Aa1
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| S&P: AA+
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| Distribution: | SEC registered
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| Total outstanding: | $1.2 billion, including $500 million of notes priced Dec. 5, 2019 at par to yield mid-swaps plus 18 bps, or a spread of Treasuries plus 15.7 bps and $600 million reopening priced at 104.312 to yield 0.496% on June 12
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