Sweden syndicates tight 20 year via exchange
The Kingdom of Sweden made one of its rare capital markets appearances on Tuesday with its second ever Swedish krona syndication as it issued a new Skr11bn ($1.6bn) 20 year line in exchange for two shorter dated issues. The issuer’s low funding requirements allowed it to print the new issue in line with its outstanding 30 year, as well as through Germany’s euro curve.
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