SEB's bond issue oversubscribed>
SEB's bond issue oversubscribed
(Thomson Reuters ONE) - SEB yesterday conducted the issuance of 750 million pounds in afive-year bond at an interest rate corresponding to mid-swaps +290basis points. The loan was oversubscribed by more than 50 percent andmore than 150 investors subscribed to the issue."Interest in the issue was very high. It was the biggest sterlingorder book of senior bonds seen so far this year", says Anders Kvist,Head of Group Treasury.The sterling issue is one of several large loans SEB has issued sincethe end of March. By the issuances the stability of SEB's long-termfunding base is ensured and they secure the opportunity to supportthe bank's customers in the current economic climate.SEB is a North European financial group serving some 400,000corporate customers and institutions and five million privateindividuals. SEB offers universal banking services in Sweden, Germanyand the Baltic countries - Estonia, Latvia and Lithuania. It also haslocal presence in the other Nordic countries, Ukraine and Russia anda global presence through its international network in majorfinancial centres. On 31 March 2009, the Group's total assetsamounted to SEK 2,460bn (~EUR 225bn) while its assets undermanagement totalled SEK 1,187bn (~EUR 108bn).The Group has about21,000 employees. Read more about SEB at www.sebgroup.com_____________________________________________For further information, please contact:Ulf Grunnesjö, Head Investor Relations, +46 (0)70 763 8501Elisabeth Lennhede, Press & PR Officer, +46 (0)8 763 9916, +46 (0)70763 9916http://hugin.info/1208/R/1327112/312567.pdfThis announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.
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Datum: 03.07.2009 - 07:34 Uhr
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