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LONDON - UBS Investment Bank announced Monday it may act as stabilizing manager for Swedbank AB’s upcoming issuance of Green Senior Non-Preferred Notes due 2032, according to a press release statement.
The stabilization period is expected to begin October 6, 2025, and end no later than November 11, 2025. During this time, UBS Europe SE may over-allot securities or conduct transactions to support the market price of the notes at levels higher than might otherwise prevail.
The maximum size of the over-allotment facility will be up to 5% of the aggregate nominal amount of the notes. The exact aggregate nominal amount, offer price, and other offer terms have not yet been determined, according to the announcement.
The green notes will have a seven-year maturity, maturing in 2032. As senior non-preferred notes, they rank below other senior obligations in the issuer’s liability structure but above subordinated debt.
UBS noted that any stabilization action is not guaranteed and may be discontinued at any time if begun.
The securities will not be registered under the United States Securities Act of 1933 and are not being offered in the United States. The offering is directed at qualified investors in European Economic Area Member States that have implemented the Prospectus Directive, and to persons outside the United Kingdom or those in the UK with professional investment experience or high net worth status.
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