June 18, 2013 / 7:53 PM / 4 years ago

Price guidance for Nordea stake sale set at 75-76 SEK: source

Nordea bank logo is seen on the Riga branch office door June 10, 2013.Ints Kalnins

STOCKHOLM (Reuters) - Price guidance in the Swedish government's stake sale in Nordea (NDA.ST) has been set at 75 to 76 Swedish crowns per share, a source close to the deal said on Tuesday.

Sweden announced earlier on Tuesday it was selling a 5.7 percent stake in Nordea (NDA.ST), the Nordic region's biggest bank.

A price in the middle of the 75 to 76 crown range would mean a discount of 4.1 percent to the closing price of 78.75 crowns on Tuesday, a smaller discount than the 5.0 percent in its last sale of shares at 74.50 crowns each in 2011.

($1 = 6.4748 Swedish crowns)

Reporting by Sven Nordenstam

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