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Stadshypotek issues $1.25B international bonds

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Stadshypotek issues $1.25B international bonds

Stadshypotek AB (publ) issued international bonds worth $1.25 billion, maturing April 5, 2022, Cbonds reported.

The notes, with an initial issue price of 99.902% and yield priced at 2.521%, carry a coupon of 2.5%.

Citigroup, HSBC, RBC Capital Markets and TD Securities served as book runners for the issuance, while Euroclear Bank and Clearstream Banking SA were depositories.

Stadshypotek is owned by Svenska Handelsbanken AB (publ).