SEK announces tier two roadshow

Thu Aug 29, 2013 9:26am EDT

LONDON, Aug 29 (IFR) - The Swedish Export Credit Corporation (SEK) plans to issue its first tier two bond for over a decade after hiring a group of banks to arrange a series of investor meetings, said a source close to the deal on Thursday.

Bank of America Merrill Lynch, Goldman Sachs and Nomura will organise the meetings due to take place in the US, Europe and Asia from the week commencing September 9.

SEK will call its outstanding tier two bond, issued back in 2003, aiming to refinance it with a lower-coupon instrument, said the source.

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After wave of QE, onus shifts to leaders to boost economy

DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.