3 yr: Redemption: 2025-06-08; Comments: SEK500m 3NC1.5 sustainability snr unsec FRN. DNB(B&D)/Pareto. IPTs 3mS+650/+700 for 500m, guidance 3mS+650/+675 WPIR, launch 3mS+650. Conditional exchange in 2025s at 103.625 (matched settle). 100m of the issue size will be held by VEF. Reset Date: 2025-06-08. Par Call: 3m. MWC: For first 18 months. CoC: 101% on change of control or de-listing event (shares). LEI: 549300GLLHHE80RQ2Y24. Call Schedule: 2025-06-08 @103.25, 2025-12-08 @101.625, 2026-06-08 @100.8125, 2026-09-08 @100.0;