SEB has completed one of the two capital enhancing measures as
communicated on Monday this week. The issue of its EUR 500m of
non-innovative capital contribution securities was highly successful.
The final orderbook was four times oversubscribed after having been
initially more than tenfold the size of the issue at higher price
guidance. The issue priced at 9.25 percent, equivalent to midswaps
+640 bps.
The tender for SEB's two USD denominated capital contribution
securities with first call dates in March 2014 and March 2015
respectively, is still in the process.
SEB is a North European financial group serving some 400,000
corporate customers and institutions and five million private
individuals. SEB offers universal banking services in Sweden, Germany
and the Baltic countries - Estonia, Latvia and Lithuania. It also has
local presence in the other Nordic countries, Poland, Ukraine and
Russia and a global presence through its international network in
major financial centers. On 30 June 2009, the Group's total assets
amounted to SEK 2,374bn (~EUR 220bn) while its assets under
management totalled SEK 1,267bn (~EUR 120bn).The Group has about
20,500 employees. Read more about SEB at www.sebgroup.com.
_____________________________________________
For further information, please contact:
Ulf Grunnesjö, Head of Investor Relations, +46-70 763 85 01
This announcement was originally distributed by Hugin. The issuer is
solely responsible for the content of this announcement.
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