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Published on 1/20/2011 in the Prospect News Investment Grade Daily.

New Issue: Nordic Investment Bank sells $1 billion 2.25% five-year notes at 99.613

By Andrea Heisinger

New York, Jan. 20 - Nordic Investment Bank priced $1 billion of 2.25% five-year global notes on Thursday, according to an FWP filing with the Securities and Exchange Commission.

The notes (Aaa/AAA/) were sold at 99.613. They are non-callable.

Deutsche Bank AG London branch, HSBC Securities (USA) Inc. and J.P. Morgan Securities LLC were the bookrunners.

Co-managers were Barclays Capital Inc., Daiwa Capital Markets Europe Ltd., Nomura International plc and RBC Capital Markets.

The financier for five Nordic countries is based in Helsinki, Finland.

Issuer:Nordic Investment Bank
Issue:Global notes
Amount:$1 billion
Maturity:March 15, 2016
Bookrunners:Deutsche Bank AG London branch, HSBC Securities (USA) Inc., J.P. Morgan Securities LLC
Co-managers:Barclays Capital Inc., Daiwa Capital Markets Europe Ltd., Nomura International plc, RBC Capital Markets
Coupon:2.25%
Price:99.613
Call:Non-callable
Trade date:Jan. 20
Settlement date:Jan. 27
Ratings:Moody's: Aaa
Standard & Poor's: AAA

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