Svenska Handelsbanken launches new five-year Kangaroo

On 19 September, Svenska Handelsbanken (AA-/Aa2/AA) launched a new, five-year senior-unsecured Kangaroo deal, to come in either or both fixed- and floating-rate formats. Indicative price guidance for the forthcoming transaction is 100 basis points area over swap benchmarks. Pricing is expected on or before the day after launch, according to lead managers Citi, TD Securities, UBS and Westpac Institutional Bank.