FORM 6-K

 

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

Report of Foreign Private Issuer

Dated March 19, 2020

 

Pursuant to Rule 13a-16 or 15d-16 of
the Securities Exchange Act of 1934

 

Aktiebolaget Svensk Exportkredit (publ)

Swedish Export Credit Corporation

(Translation of Registrant’s Name into English)

 

Klarabergsviadukten 61-63

SE-101 23 Stockholm

Sweden

(Address of Principal Executive Offices)

 

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.

 

 

Form 20-F   x

Form 40-F   o

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):   N/A

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):   N/A

 

Indicate by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

 

 

Yes   o

No   x

 

If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b):  N/A

 

 

 

 

Incorporation by Reference

 

This report on Form 6-K, including the exhibits hereto, is hereby incorporated by reference, in its entirety, into the registration statement on Form F-3 (File No. 333-221336) of Aktiebolaget Svensk Exportkredit (publ) (“SEK”).

 

This Report comprises the following:

 

1. SEK Press Release Proposing No Dividend to the Swedish State

 

2

 

SIGNATURE

 

Pursuant to the requirements of the U.S. Securities Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

Dated: March 19, 2020

 

 

 

 

AKTIEBOLAGET SVENSK EXPORTKREDIT (publ)

 

 

(Swedish Export Credit Corporation)

 

 

 

 

 

 

By:

/s/ Erik Hådén

 

 

 

Erik Hådén, Director

 

 

 

 

 

 

 

 

 

 

By:

/s/ Mats Axelman

 

 

 

Mats Axelman, Director

 

3

Exhibit 1

 

 

Swedish Export Credit Corporation (SEK) propose no dividend to the Swedish state

 

In light of the current uncertainty about the financial impact on society and the Swedish export companies, SEK proposes that no dividend shall be paid to the sole owner, the Swedish state. It would strengthen the company’s lending capacity.

 

SEK’s mission is to ensure access to financial solutions for the Swedish export industry on commercial and sustainable terms. SEK lends money to Swedish exporters, their suppliers and international buyers of Swedish products and services. The spread of the corona virus has resulted in severe disruptions of the financial system, and there is considerable uncertainty what effects this will have on the companies.

 

The Swedish economy and welfare are dependent on export. In a situation where companies’ access to finance on the banking and capital markets is limited, SEK can play an important role for the export industry.

 

“Overall, SEK’s capitalization and liquidity position is strong and the company is well prepared for a financial crisis. In order to further strengthen SEK’s lending capacity and thereby give SEK an even better position to support the Swedish export companies, SEK has proposed that the owner, at the Annual General Meeting on March 26, 2020 decides that no dividend for 2019 shall be paid out” says SEK’s CEO Catrin Fransson.

 

Press contact

 

Catharina Henriksson, Head of Press and Public Affairs

 

+46 76-677 59 09

catharina.henriksson@sek.se

 

About SEK

 

SEK’s mission is to ensure access to financial solutions for the Swedish export industry on commercial and sustainable terms. SEK finances Swedish exporters and buyers of Swedish products and services. The business focus is on large and medium-sized companies. SEK provides long term funding and the loans can be disbursed in different currencies.