Swedish Match Launches EUR 300 mln Eurobond Issue.STOCKHOLM, Sweden -- The 7-year EUR EUR In currencies, this is the abbreviation for the Euro. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 300 million bond of Swedish Match AB (STO:SWMA SWMA Software Maintenance SWMA Solid Waste Management Act SWMA Sine-Weighted Moving Average SWMA Storm Water Management Authority, Inc. (Homewood, AL) SWMA Segmental Wall Motion Abnormality (cardiology) ) (publ), rated Baa1 (stable) from Moody's and A- (stable) from Standard & Poor's, is now priced and launched under the Company's EMTN EMTN Euro Medium-Term Note (Euro Medium Term Note) program. Due 28 June 2013, the bond pays a fixed coupon of 4.625% and has a reoffer price of 99.894 to give a spread of 60 basis points over the 7-year mid-swap. Joint Bookrunners for this transaction were ABN AMRO NV and SEB Merchant Banking. Swedish Match is a unique company with its range of market-leading brands in the product areas of snuff, cigars, pipe tobacco and chewing tobacco - tobacco's niche products - as well as matches and lighters. The Group's global operations generated sales of 13,295MSEK MSEK Meyer, Suozzi, English & Klein (New York law firm) MSEK Million Swedish Kroner for the twelve month period ending March 31, 2006. Swedish Match shares are listed on Stockholmsborsen (SWMA). |
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