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Published on 8/24/2022 in the Prospect News Investment Grade Daily.

New Issue: Swedish Export Credit prices $1.25 billion 3.625% two-year notes at 99.935

By William Gullotti

Buffalo, N.Y., Aug. 24 – Swedish Export Credit Corp. priced $1.25 billion of 3.625% two-year notes at 99.935 on Wednesday, according to an FWP filed with the Securities and Exchange Commission.

The notes may only be called after the occurrence of certain tax events at par plus accrued and unpaid interest.

Barclays Bank Ireland plc, Citigroup Global Markets Europe AG, Daiwa Capital Markets Europe Ltd. and Nomura Financial Products Europe GmbH are the joint lead managers.

Application will be made to list the notes on Euronext Dublin.

Swedish Export Credit is a Stockholm-based financial services company for the Swedish export industry.

Issuer:Swedish Export Credit Corp.
Amount:$1.25 billion
Issue:Notes
Maturity:Sept. 3, 2024
Joint lead managers:Barclays Bank Ireland plc, Citigroup Global Markets Europe AG, Daiwa Capital Markets Europe Ltd. and Nomura Financial Products Europe GmbH
Co-lead manager:Tokai Tokyo Securities Europe Ltd.
Trustee:Bank of New York Mellon Trust Co., NA
Coupon:3.625%
Price:99.935
Yield:3.659%
Call:Only after certain tax events at par plus accrued and unpaid interest
Pricing date:Aug. 24
Settlement date:Sept. 1
Distribution:SEC registered
Cusip:87031CAG8

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