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