Swedish Securities Dealers Association adopts standard terms for Swedish bonds
The Swedish Securities Dealers Association (SSDA) has on 29 May adopted standard terms for the issuance of Swedish bonds with higher risk to professional investors. The terms reflect current practices in the Swedish market but also contain certain proposals for new solutions and components that regulate issues which previously have not been regulated in Swedish bond terms. By adopting these standard terms, the SSDA, an association which represents the common interest of banks and investment services firms active on the Swedish securities market, aims to provide an established and balanced point of reference for the drafting of bond terms and contribute to the standardization of the non-commercial segments of bond terms. The standard terms are available on the SSDA’s website at: http://www.fondhandlarna.se/.
The Swedish Securities Dealers Association was advised by Mannheimer Swartling on the matter. André Andersson handled the assignment together with Rasmus Fahlén.