Swedbank sells $1.5 bln notes in 2 parts - IFR
NEW YORK, June 17 (Reuters) - Swedbank (SWEDa.ST: Quote, Profile, Research) on Wednesday sold $1.5 billion of notes in a two-part issue guaranteed by the Kingdom of Sweden, said IFR, a Thomson Reuters service.
The sale consisted of $1 billion of fixed-rate notes due Jan. 14, 2013, which were priced to yield 119.3 basis point more than comparable U.S. Treasuries; and $500 million of floating-rate notes, also due Jan. 14, 2103, with a coupon rate of 45 basis points more than the three-month London interbank offered rate, or LIBOR.
The sale was handled through joint lead managers, Barclays, JP Morgan and RBS, said IFR. (Reporting by Pam Niimi; Editing by James Dalgleish)
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