By Ben Edwards 
 

Swedish lender Svenska Handelsbanken AB (SHB-B.SK) is planning a benchmark-size, sterling-denominated, three-year floating-rate note, one of the banks running the deal said Tuesday.

Suggested pricing is in the area of 40 basis points over the three-month Libor.

HSBC and Nomura are managing the sale.

The issuer is rated Aa3 by Moody's Investors Service and AA- by Standard & Poor's and Fitch Ratings.

Write to Ben Edwards at ben.edwards@dowjones.com