Commentary & Deal Flow

Reoffer: 7yr: MS+25bp / 99.557 / 3.322%
Benchmark: 7yr: DBR 2.3% 15-Feb-33 @ 95.920 / B+34.6bp / HR 104%

Final Books: €1.7bn (excl. JLM)

Launched: 7yr: €1bn @ MS+25bp - Books closed at €1.7bn (excl. JLM)
Spread set at: 7yr: MS+25bp - Books in excess of €1.6bn (ex JLM)

• Issuer: Swedish Export Credit Corporation (100% owned by the Kingdom of Sweden)
• Ticker: SEK
• Issuer Ratings: Aa1/AA+ (Moody's/S&P)
• Status: Senior unsecured and unsubordinated
• Format: Reg S Bearer
• Size: €1bn
• Settlement Date: 27-May-26 (T+5)
• Maturity Date: 27-May-33 (7-year)
• Coupon: 3.250%, Fixed, annual ACT/ACT
• Reoffer: MS+25bp
• Price/Yield: 99.557 / 3.322%
• Benchmark: DBR 2.3% 15-Feb-33 @ 95.920 / B+34.6bp / HR 104%
• Denominations: 100k + 1k
• Listing/Law: Lux/English
• Docs: Issuer's EMTN Programme
• ISIN: XS3388158241
• Leads: Credit Agricole CIB, J.P. Morgan, NatWest, Nomura(B&D/DM), Swedbank
• Fees: The Joint Lead Managers will be paid a fee in connection with the transaction
• Timing: PRICED. TOE: 14:06 CET. FTT: Immediately.
• Target Market: Eligible counterparties and professional clients only (all distribution channels)
• Stabilisation: FCA/ICMA stabilisation