SOURCE: AB Svensk Exportkredit

September 21, 2007 05:24 ET

SEK successful in challenging global bond market

STOCKHOLM, SWEDEN--(Marketwire - September 21, 2007) -



SEK, AB Svensk Exportkredit, has issued an USD 1.25 billion 3 year global bond. The transaction was very successful and quickly oversubscribed by European, Middle Eastern, American and Asian investors.

Originally the bond amount was scheduled at USD 1 billion but in order to meet the high demand from the market SEK decided to increase the issue with another USD 250 million.

- We noticed a substantial interest from the market for SEK bonds, an interest that exceeded our initial expectations. Our borrowing has been more successful this year than ever before. This gains our customers since SEK even in times of turmoil can offer them long-term financial solutions, says Peter Yngwe, President SEK.


For further information please contact Peter Yngwe, President SEK, +46 8 613 83 00, or Johan Winlund, Head of Communications, +46 8 613 84 88.



SEK's mission is to secure access to financial solutions for export and infrastructure. SEK offers a wide spectrum of financial solutions, ranging from standardized loans to innovative and complex financial products. SEK's operations are based on commercial interests. SEK's main source of financing is the issuing of bonds on the international capital markets. SEK's rating from Standard & Poor's and Moody's are AA+/Aa1 respectively for long-term debt. For more information, visit www.sek.se





Copyright © Hugin ASA 2007. All rights reserved.

Contact Information