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Published on 5/10/2017 in the Prospect News Investment Grade Daily.

New Issue: Swedish Export sells $1.5 billion 1.75% notes due 2020 at 99.741 to yield 1.839%

By Cristal Cody

Tupelo, Miss., May 10 – Swedish Export Credit Corp. (Aa1/AA+) priced a $1.5 billion offering of 1.75% three-year global notes on Wednesday at 99.741 to yield 1.839%, according to an FWP filing with the Securities and Exchange Commission.

Citigroup Global Markets Inc., Mizuho International plc, Royal Bank of Scotland plc and Toronto-Dominion Bank were the lead managers.

The company will apply to list the notes on the Irish Stock Exchange.

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

Issuer:Swedish Export Credit Corp.
Amount:$1.5 billion
Description:Global notes
Maturity:May 18, 2020
Bookrunners:Citigroup Global Markets Inc., Mizuho International plc., Royal Bank of Scotland plc and Toronto-Dominion Bank
Co-manager:MUFG
Coupon:1.75%
Price:99.741
Yield:1.839%
Call feature:After certain tax events at par
Trade date:May 10
Settlement date:May 18
Ratings:Moody’s: Aa1
S&P: AA+
Distribution:SEC Registered

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