STOCKHOLM, Sweden, Sept. 6, 2001 (PRIMEZONE) -- SEK (SSE:SEK) has launched a DKK 400 million bond with KBC Bank and Fortis Bank as joint lead managers. This issue is primarily sold to retail investors in the Benelux region.
Terms and conditions in brief:
-- Borrower: AB Svensk Exportkredit/Swedish Export Credit Corporation -- Lead managers: KBC Bank and Fortis Bank -- Nominal amount: DKK 400,000,000 -- Issue date: October 15, 2001 -- Maturity date: October 15, 2009 -- Issue price: 102.00% -- Coupon: 5.375% -- Listing: Luxembourg
Group: Den Danske Bank, Deutsche Bank, Dexia, ING Barings/BBL, Svenska Handelsbanken, Unibank, Axa, BCEE, DG Bank, Rabo Bank.
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.