Svenska breaks dollar AT1 coupon record

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Svenska breaks dollar AT1 coupon record

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Handelsbanken building in Helsingborg. | Lars Halbauer/DPA/PA Images

Svenska Handelsbanken found tight pricing for a dual offering of additional tier one (AT1) notes on Tuesday. It became the first European bank to set a dollar AT1 coupon of less than 4.5% for one of its tranches.

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