Sweden's SEB Plans 5-Year Euro Benchmark Covered Bond Issue

10th Jun 2010 10:23

LONDON (Dow Jones)--Swedish bank Skandinaviska Enskilda Banken AB (SEB-A.SK) plans a five-year, euro-denominated benchmark covered bond issue via lead managers BayernLB, Commerzbank AG, Credit Suisse, Royal Bank of Scotland PLC, and SEB, one of the banks working on the deal said Thursday. SEB is rated Aaa by Moody's Investors Service Inc. and the deal is expected to price later Thursday, subject to market conditions. -By Art Patnaude, Dow Jones Newswires; +44 (0) 207 842 9259; [email protected] (END) Dow Jones Newswires June 10, 2010 05:23 ET (09:23 GMT)