By Marisa Wong and Cristal Cody
Los Angeles, Oct. 21 – Finnvera Oyj priced $1 billion of 1.125% five-year notes on Wednesday to yield SOFR mid-swaps plus 23 basis points, or Treasuries plus 9.03 bps, according to a market source.
The Rule 144A and Regulation S notes were talked at the SOFR mid-swaps plus 24 bps area, as previously reported.
BofA, Barclays, HSBC, JPMorgan and TD are the bookrunners.
The state-owned financing company is based in Kuopio, Finland.
| Issuer: | Finnvera Oyj
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| Amount: | $1 billion
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| Description: | Notes
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| Maturity: | Five years
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| Bookrunners: | BofA, Barclays, HSBC, JPMorgan and TD
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| Coupon: | 1.125%
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| Spread: | SOFR mid-swaps plus 23 bps, or Treasuries plus 9.03 bps
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| Pricing date: | Oct. 20
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| Distribution: | Rule 144A and Regulation S
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| Talk: | SOFR mid-swaps plus 24 bps area
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