SEB has completed its hybrid capital issue

(Thomson Reuters ONE) - SEB has completed one of the two capital enhancing measures ascommunicated on Monday this week. The issue of its EUR 500m ofnon-innovative capital contribution securities was highly successful.The final orderbook was four times oversubscribed after having beeninitially more than tenfold the size of the issue at higher priceguidance. The issue priced at 9.25 percent, equivalent to midswaps+640 bps.The tender for SEB's two USD denominated capital contributionsecurities with first call dates in March 2014 and March 2015respectively, is still in the process.SEB is a North European financial group serving some 400,000corporate customers and institutions and five million privateindividuals. SEB offers universal banking services in Sweden, Germanyand the Baltic countries - Estonia, Latvia and Lithuania. It also haslocal presence in the other Nordic countries, Poland, Ukraine andRussia and a global presence through its international network inmajor financial centers. On 30 June 2009, the Group's total assetsamounted to SEK 2,374bn (~EUR 220bn) while its assets undermanagement totalled SEK 1,267bn (~EUR 120bn).The Group has about20,500 employees. Read more about SEB at www.sebgroup.com._____________________________________________For further information, please contact:Ulf Grunnesjö, Head of Investor Relations, +46-70 763 85 01http://hugin.info/1208/R/1343756/321963.pdfThis announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.

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Bereitgestellt von Benutzer: hugin
Datum: 25.09.2009 - 16:15 Uhr
Sprache: Deutsch
News-ID 6249
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