STOCKHOLM, Sweden, Sept. 6, 2001 (PRIMEZONE) -- SEK (SSE:SEK) has launched a CHF 250 million bond, with UBS AG, Zurich as lead manager. This issue is sold to institutional, as well as, retail investors in Switzerland.
Terms and conditions in brief:
-- Borrower: AB Svensk Exportkredit/Swedish Export Credit Corporation -- Lead manager: UBS AG, Zurich -- Nominal amount: CHF 250,000,000 -- Issue date: October 3, 2001 -- Maturity date: October 3, 2005 -- Issue price: 100.34% -- Coupon: 3.0% -- Listing: SWX, Swiss Exchange
Group: CSFB, Group of the Geneva Private Banks, Bank Sarasin, Bank Vontobel, Bank Julius Baer & Co, Coop Bank, Paribas, Union Bancaire Privee, Bank von Ernst & Cie, LGT Bank in Lichtenstein AG, Liechtensteinische Landesbank, ABN Amro Bank N.V.
AB Svensk Exportkredit (SEK)/Swedish Export Credit Corporation is a public stock corporation owned by the Swedish State (approximately 65%) and the global technology company ABB (approximately 35%). Since its founding in 1962, SEK has promoted Swedish industry and commerce, primarily the export industry, by providing competitive long-term financial solutions. SEK grants credits for exports as well as certain foreign and domestic investments, at either fixed or floating rates of interest.