Gothenburg back with second public deal of 2019

By Frank Jackman
05 Jun 2019

The Swedish city of Gothenburg returned to the bond market for its second public deal of the year this week. Swedish krona bonds have proven popular in recent weeks, as both domestic and European issuers have placed deals in the currency.

SEB and Handelsbanken were joint leads on Tuesday's dual tranche Swedish krona transaction for Gothenburg. The first and larger Skr1.2bn ($127.2m) floating rate tranche pays a coupon of three month Stibor plus 75bp. This tranche was issued at 103.392. The second Skr300m tranche was offered at par ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial