New Issue: Sweden sells $2 billion 0.625% two-year notes at mid-swaps minus 12 bps

By Aleesia Forni

Virginia Beach, Sept. 11 – Kingdom of Sweden priced $2 billion of 0.625% two-year notes (Aaa/AAA/) at mid-swaps minus 12 basis points, according to a market source.

The notes sold at the tight end of talk, which was set in the area of mid-swaps minus 10 bps.

Credit Suisse Securities, Goldman Sachs & Co. and J.P. Morgan Securities LLC were the bookrunners.

Issuer:	Kingdom of Sweden
Amount:	$2 billion
Description:	Notes
Maturity:	Sept. 19, 2016
Bookrunners:	Credit Suisse Securities, Goldman Sachs & Co., J.P. Morgan Securities LLC
Coupon:	0.625%
Spread:	Mid-swaps minus 12 bps
Trade date:	Sept. 11
Ratings:	Moody’s: Aaa
	Standard & Poor's: AAA
Price talk:	Mid-swaps minus 10 bps area

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