E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 11/20/2008 in the Prospect News Investment Grade Daily.

New Issue: Nordic Investment Bank sells $1 billion 2.375% three-year notes at 99.766

By Andrea Heisinger

New York, Nov. 20 - Nordic Investment Bank priced $1 billion 2.375% three-year global notes Thursday, according to an FWP filing with the Securities and Exchange Commission.

The notes (Aaa/AAA) priced at 99.766.

Bookrunners were Citigroup Global Markets Inc., HSBC Securities and J.P. Morgan Securities Inc.

The financial institution provides long-term loans to public and private entities in several countries and is based in Helsinki, Finland.

Issuer:Nordic Investment Bank
Issue:Global notes
Amount:$1 billion
Maturity:Dec. 15, 2011
Bookrunners:Citigroup Global Markets Inc., HSBC Securities, J.P. Morgan Securities Inc.
Coupon:2.375%
Price:99.766
Trade date:Nov. 20
Settlement date:Nov. 28
Ratings:Moody's: Aaa
Standard & Poor's: AAA

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.