SEK Launches a US$ 1 bn 3 year Global benchmark

2006.01.13

AB Svensk Exportkredit (SEK), 100% owned by the Kingdom of Sweden, rated AA+/Aa1, today priced its latest US$ 1 billion 3-year Global transaction at a spread of 35 bps to the UST 3-year and with a maturity date of  17 February 2009.  Joint bookrunners are Citigroup, Deutsche Bank and Goldman Sachs.  SEK is a regular borrower in the US$ Global markets most recently having launched successful 3 and 5-year benchmarks last year. SEK has approximately  USD 6-7 bn to raise in 2006 and is expected to again access the USD benchmark markets before year-end.