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Commentary & Deal Flow

SSA PRICED: Kingdom of Sweden US$2bn Jan 2028 @SMS+26

IGC European Market: Deal Flow - SSAIGC US Market: Deal Flow - SSA

Kingdom of Sweden (SWED) Aaa/AAA/AAA US$2bn 144A/Reg S 2.25y FXD senior, unsec, unsubordinated notes due 1/28/28. Barc/Citi/Danske/SEB joint books. Listing London Stock Exchange (regulated market). Short first pay. 30/360 ICMA. Denoms 100k+1k. English Law. Docs: Issuer’s Medium Term Note Programme. Pricing 10/21. Settle 10/28.

IPTs: SOFR MS+30 area.
GUIDANCE: SOFR MS+28 area. IOIs > $5bn (incl 250m JLM).
LAUNCHED: $2bn Jan 2028 at SOFR MS+26. Books > $8.25bn (incl 250m JLM).

PRICED: $2bn 3.375% 1/28/28 99.825 3.458% SOFR MS+26 (T+1.725).