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Published on 6/20/2019 in the Prospect News Green Finance Daily.

New Issue: SBAB wraps sale of SEK 3 billion five-year floaters, 1% green notes

By Devika Patel

Knoxville, Tenn., June 20 – SBAB Bank AB sold SEK 750 million of five-year 1% senior non-preferred green notes and SEK 2.25 billion of five-year floating-rate senior non-preferred green notes, according to a market announcement.

Further details were not available.

The bonds will be listed on Euronext Dublin.

SBAB Bank is a Stockholm-based provider of loans and savings services.

Issuer:SBAB Bank AB
Amount:SEK 3 billion
Description:Senior non-preferred green notes
Settlement date:June 20
Fixed-rate notes
Amount:SEK 750 million
Maturity:June 20, 2024
Coupon:1%
Floaters
Amount:SEK 2.25 billion
Maturity:June 2024
Coupon:Floating rate

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