STOCKHOLM, Sweden, Jan. 3, 2002 (PRIMEZONE) -- SEK (SSE:SEK) has launched an NOK 400 million bond with Deutsche Bank (NYSE:DB) and Danske Bank as lead managers. This issues is targeted at institutional as well as retail investors in Europe.
Terms and conditions in brief:
Borrower: Swedish Export Credit Corporation Lead managers: Deutsche Bank and Danske Bank Nominal amount: NOK 400,000,000 Issue date: January 30, 2002 Maturity date: January 30, 2006 Issue price: 101,425% Coupon: 6.25% Listing: Luxembourg
AB Svensk Exportkredit (SEK) 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 credit for exports as well as certain foreign and domestic investments, at either fixed or floating rates of interest.
More information about SEK is available att www.sek.se