Handelsbanken first in the US with Nordic covered bonds

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On Thursday, Handelsbanken's subsidiary, Stadshypotek, became the first Nordic company to issue covered bonds in the US. A total of USD 1.6 billion was issued with a maturity of three years.

 

This bond issue opens a large and important financing market that enables a further diversification of Handelsbanken's long-term funding.

 

Thomas Åhman, Handelsbanken's deputy Head of Treasury, states, "Covered bonds are a new instrument on the American market. It is natural for Handelsbanken to make use of new financing opportunities at an early stage, and the positive reception once again confirms Handelsbanken's strong position on the funding market."

 

 

For further information, please contact:

 

Thomas Åhman, deputy Head of Treasury, +46 8 701 5224, mobile: +46 70 587 5224
Lars Höglund, Head of Debt Investor Relations, +46 8 701 5170, mobile +46 70 345 5170
Mikael Hallåker, Head of Investor Relations, +46 8 701 2995, mobile +46 70 266 2995

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