First EUR denominated public Eurobond lead-managed by Handelsbanken Markets.
Handelsbanken Markets has launched a EUR 230 million Dated Subordinated FRN (10 year non call 5) for Svenska Handelsbanken. The issue is lead managed by Handelsbanken Markets (sole-bookrunner).Principal terms are as follows:Issuer: Svenska Handelsbanken AB (publ)Nominal Amount: EUR 230 millionStatus of the Notes: dated subordinated (Lower Tier II)Rating: the issue will be rated Aa3/A/A+ (Moody's/S&P/FitchIBCA)Final Maturity: 20 Sept. 2010Call: the Issuer has the right to call the issue at par Sept. 2005Coupon: 3-month EURIBOR + 45bp year 1-5, 3-month EURIBOR + 195bp