Swedbank sets its sights on lower funding costs with launch of Skr15bn rights issue

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Swedbank sets its sights on lower funding costs with launch of Skr15bn rights issue

Swedbank earned praise from equity market participants this week for its decision to press ahead and launch a Skr15bn ($2bn) rights issue before an expected slew of deals from other borrowers, as it attempts to build capital and lower its funding costs.

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