SEB unveils EUR 1.4b rights issue to boost capital base

By A staff reporter 2009-02-06T00:00:00

Swedish bank SEB has unveiled a SEK 15 bn (EUR 1.4 bn) rights issue and plans to skip the 2008 dividend in a bid to strengthen its capital base by SEK 19.5 bn. The rights issue is fully committed and underwritten, SEB said in a statement on Thursday.

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