Svenska Handelsbanken Plans 3-Year Sterling Floating-rate Note
30 April 2013 - 8:29PM
Dow Jones News
By Ben Edwards
Swedish lender Svenska Handelsbanken AB (SHB-B.SK) is planning a
benchmark-size, sterling-denominated, three-year floating-rate
note, one of the banks running the deal said Tuesday.
Suggested pricing is in the area of 40 basis points over the
three-month Libor.
HSBC and Nomura are managing the sale.
The issuer is rated Aa3 by Moody's Investors Service and AA- by
Standard & Poor's and Fitch Ratings.
Write to Ben Edwards at ben.edwards@dowjones.com