SEB has successfully issued a 5-year bond of 1 billion euro, without
Government guarantees. More than 170 large and small investors
throughout Europe signed up for the bond that was twice
oversubscribed.
"It is very pleasing to note the great interest and confidence that
the European investment market shows for SEB", says Anders Kvist,
Head of Group Treasury.
"This long-term bond gives good and broad access to liquidity to fund
our business safely and cost effectively", Kvist concludes.
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, Ukraine and Russia and
a global presence through its international network in major
financial centers. On 31 March 2009, the Group's total assets
amounted to SEK 2,460bn (~EUR 225bn) while its assets under
management totalled SEK 1,187bn (~EUR 108bn).The Group has about
21,000 employees. Read more about SEB at www.sebgroup.com
_____________________________________________
For further information, please contact:
Anders Kvist, Head of Group Treasury, +46 8 763 94 58
Press contact: Elisabeth Lennhede, +46 8 763 9916, +46 70 763 99 16,
Elisabeth.lennhede@seb.se
This announcement was originally distributed by Hugin. The issuer is
solely responsible for the content of this announcement.
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