By Angela McDaniels
Tacoma, Wash., Sept. 9 – AB Svensk Exportkredit priced $1.25 billion of 1.625% two-year notes at Treasuries plus 11 basis points, according to an FWP filed with the Securities and Exchange Commission.
Pricing was at 99.931 to yield 1.66%.
Barclays Bank plc, BNP Paribas, HSBC Bank plc and Morgan Stanley & Co. International plc are the joint lead managers.
The proceeds of the non-callable notes will be used for general corporate purposes.
Based in Stockholm, Svensk is the lender to Sweden’s export industry.
| Issuer: | AB Svensk Exportkredit AB
|
| Amount: | $1.25 billion
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| Description: | Notes
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| Maturity: | Sept. 12, 2021
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| Bookrunners: | Barclays Bank plc, BNP Paribas, HSBC Bank plc and Morgan Stanley & Co. International plc
|
| Coupon: | 1.625%
|
| Price: | 99.931
|
| Yield: | 1.66%
|
| Spread: | Treasuries plus 11 bps
|
| Pricing date: | Sept. 5
|
| Settlement date: | Sept. 12
|
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