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Sydbank readies five-year green notes deal; sets size at €500 million
Chicago, Aug. 29 – Sydbank AS started to market a new €500 million offering of five-year non-preferred senior green notes (A3) in investor meetings on Tuesday, a market source recounted.
The size of the deal was marked as “will not grow.”
The notes will come with four years of call protection.
BNP Paribas, Danske Bank, J.P. Morgan, Landesbank Baden-Wurttemberg and Nykredit have been named as joint lead managers.
Nykredit is coordinating the roadshow.
The issuer is an Aabenraa, Denmark-based bank.
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