First EUR denominated public Eurobond lead-managed by Handelsbanken Markets.
Principal terms are as follows:
Issuer: Svenska Handelsbanken AB (publ)
Nominal Amount: EUR 230 million
Status 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. 2010
Call: the Issuer has the right to call the issue at par Sept. 2005
Coupon: 3-month EURIBOR + 45bp year 1-5, 3-month EURIBOR + 195bp thereafter if not called
Issue/Re-offer Price: 99.78 per cent.
Yield at Re-offer: 3-month EURIBOR + 50bp (year 1-5)
Listing: London
Payment Date: 20 Sept. 2000
Other: The issue is launched under Svenska Handelsbanken's Euro Medium Term Note Programme.
This is the first EUR denominated public Eurobond issue to be lead-managed by Handelsbanken Markets.
The issue is targeting investor interest mainly in Germany and the UK. Nordic investors represent 12% of the order-book. The issue is oversubscribed.
The issue has received an excellent market reception.
Handelsbanken Markets will make secondary market in the issue.
For further information please contact: <br>Pia Back, Handelsbanken Markets <br>Phone no: + 46 8 463 4567 <br>Email: piba03@handelsbanken.se <br>