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Published on 4/2/2014 in the Prospect News Investment Grade Daily.

Nordic Investment Bank launches $1 billion five-year notes at mid-swaps plus 2 bps

By Aleesia Forni

Virginia Beach, April 2 - Nordic Investment Bank launched a $1 billion offering of five-year notes on Wednesday at mid-swaps plus 2 basis points, according to a market source.

J.P. Morgan Securities LLC, Nomura Securities Co. Ltd., TD Securities (USA) LLC and HSBC Securities (USA) Inc. are on the books.

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


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