By Devika Patel
Knoxville, Tenn., Aug. 2 – Nordic Investment Bank sold $500 million of 1.5% two-year global notes (Aaa/AAA) on Wednesday at 99.922, according to an FWP filed with the Securities and Exchange Commission.
Bookrunners are BofA Merrill Lynch and RBC Capital Markets Corp.
Nordic Investment Bank is an international financial institution owned by Denmark, Estonia, Finland, Iceland, Latvia, Lithuania, Norway and Sweden.
| Issuer: | Nordic Investment Bank
|
| Amount: | $500 million
|
| Description: | Global notes
|
| Maturity: | Aug. 9, 2019
|
| Bookrunners: | BofA Merrill Lynch and RBC Capital Markets Corp.
|
| Coupon: | 1.5%
|
| Price: | 99.922
|
| Trade date: | Aug. 2
|
| Settlement date: | Aug. 9
|
| Ratings: | Moody’s: Aaa
|
| S&P: AAA
|
| Distribution: | SEC registered
|
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