London, 13 May 2016 -- Moody's Investors Service has today upgraded to Baa3(hyb) from Ba1(hyb) the $1.1 billion 'high trigger' additional tier 1 (AT1) securities issued by SEB (LT deposits Aa3 stable, LT senior unsecured Aa3 stable, BCA a3). This reflects the bank's strengthened regulatory capitalisation, which has reduced the probability of breaching the instrument's principal write-down trigger.
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