Obligation of Swedbank AB regarding Swedbank Mortgage AB
The Board of Directors of Swedbank AB has decided to cease guaranteeing future debt instruments issued by Swedbank Mortgage AB since this is no longer necessary from a rating perspective. The decision has no effect on the rating of Swedbank Mortgage (rated Aa3/AA-) or its issued debt instruments. The decision only affects debt instruments issued from 14 days after this press release. According to the guarantee conditions, the guarantee will remain in effect with respect to already issued debt instruments until they have been repaid.Swedbank Mortgage is a fully owned subsidiary of