Skandinaviska Enskilda Banken AB (publ) (''SEB'...
Skandinaviska Enskilda Banken AB (publ) (the ''Issuer'') announces
the full exercise of the over-allotment option on behalf of its
Managers (as defined below), following the successful offering of its
£750,000,000 6.625% Notes due 2014 on 2nd July, 2009 (the
'Offering'') under the Global Programme for the Continuous Issuance
of Medium Term Notes, Capital Contribution Securities and Covered
Bonds dated 29th June 2009 (the "Programme"). As a result of this,
the total aggregate gross proceeds from the Offering will increase to
£786,423,000.
The Issuer has informed potential investors that stabilisation might
occur, as stated in the Information Memorandum of 29th June 2009, as
below.
IN CONNECTION WITH THE ISSUE OF ANY TRANCHE OF NOTES UNDER THE
PROGRAMME, THE DEALER OR DEALERS (IF ANY) NAMED AS THE STABILISING
MANAGER(S) (OR PERSONS ACTING ON BEHALF OF ANY STABILISING
MANAGER(S)) IN THE APPLICABLE FINAL TERMS MAY OVER-ALLOT NOTES OR
EFFECT TRANSACTIONS WITH A VIEW TO SUPPORTING THE MARKET PRICE OF THE
NOTES AT A LEVEL HIGHER THAN THAT WHICH MIGHT OTHERWISE PREVAIL.
HOWEVER, THERE IS NO ASSURANCE THAT THE STABILISING MANAGER(S) (OR
PERSONS ACTING ON BEHALF OF A STABILISING MANAGER) WILL UNDERTAKE
STABILISATION ACTION.
ANY STABILISATION ACTION MAY BEGIN ON OR AFTER THE DATE ON WHICH
ADEQUATE PUBLIC DISCLOSURE OF THE FINAL TERMS OF THE OFFER OF THE
RELEVANT TRANCHE OF NOTES IS MADE AND, IF BEGUN, MAY BE ENDED AT ANY
TIME, BUT IT MUST END NO LATER THAN THE EARLIER OF 30 DAYS AFTER THE
ISSUE DATE OF THE RELEVANT TRANCHE OF NOTES AND 60 DAYS AFTER THE
DATE OF THE ALLOTMENT OF THE RELEVANT TRANCHE OF NOTES.
ANY STABILISATION ACTION OR OVER-ALLOTMENT MUST BE CONDUCTED BY THE
RELEVANT STABILISING MANAGER(S) (OR PERSON(S) ACTING ON BEHALF OF ANY
STABILISING MANAGER(S)) IN ACCORDANCE WITH ALL APPLICABLE LAWS AND
RULES.
The bond issue was offered to 'qualified investors' only (as defined
under Article 2 (1)(e) of the Prospective Directive (Directive
2003/71/EC). The closing and settlement of the Offering is expected
to occur on or around 9th July, 2009. An application has been made
to the Financial Services Authority in its capacity as competent
authority under the Financial Services and Markets Act 2000 (the UK
Listing Authority or ''UKLA'') for the Offering to be admitted to the
Official List of the UKLA, and to be admitted to trading on the
London Stock Exchange.
The Offering was lead-managed by BNP Paribas, The Royal Bank of
Scotland, Skandinaviska Enskilda Banken AB (publ) and UBS Limited
(the "Managers"), who also acted as Bookrunners.
For further information, please contact:
Ulf Grunnesjo, Head Investor Relations, +46 (0)70 763 8501
Elisabeth Lennhede, Press & PR Officer, +46 (0)8 763 9916, +46 (0)70
763 9916
Read more about SEB at www.sebgroup.com
This announcement is for general information only and does not form
part of any offer to sell, or the solicitation of any offer to buy,
securities. The distribution of this announcement and the offer and
sale of the securities described in this announcement in certain
jurisdictions may be restricted by law. Any persons reading this
announcement should inform themselves of and observe any such
restrictions.
THIS DOCUMENT IS FOR DISTRIBUTION IN THE UNITED KINGDOM ONLY TO (A)
PERSONS FALLING WITHIN THE DEFINITION OF INVESTMENT PROFESSIONAL (AS
DEFINED IN ARTICLE 19(5) OF THE U.K. FINANCIAL SERVICES AND MARKETS
ACT 2000 (FINANCIAL PROMOTION) ORDER 2005 (THE "ORDER") OR (B) HIGH
NET WORTH ENTITIES, OR OTHER PERSONS TO WHOM IT MAY OTHERWISE
LAWFULLY BE COMMUNICATED, FALLING WITHIN ARTICLE 49(2)(A) TO (D) OF
THE ORDER (ALL SUCH PERSONS TOGETHER BEING REFERRED TO AS "RELEVANT
PERSONS"). ANY PERSON WHO IS NOT A RELEVANT PERSON SHOULD NOT ACT OR
RELY ON THIS DOCUMENT OR ANY OF ITS CONTENTS.
The Bonds have not been and will not be registered under the US
Securities Act of 1933, as amended (the "Securities Act") and will be
offered and sold only (i) to purchasers outside of the United States
in accordance with Regulation S under the Securities Act.
---END OF MESSAGE---
http://hugin.info/136036/R/1327850/312930.pdf
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solely responsible for the content of this announcement.
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