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KommuneKredit markets offering of dollar fixed-rate notes due 2022; pricing expected Tuesday
By Cristal Cody
Tupelo, Miss., March 11 – KommuneKredit (Aaa/AA+) plans to price a dollar-denominated offering of fixed-rate notes due 2022 on Tuesday, according to a company announcement.
Bank of Montreal, London Branch, HSBC Bank plc, RBC Europe Ltd. and Toronto-Domino Bank are the lead managers.
The notes are being offered under KommuneKredit’s €30 billion euro medium-term note program.
The deal is expected to close on March 21.
KommuneKredit also is holding tender offers for two tranches of outstanding notes.
The government funding and services company is based in Copenhagen, Denmark.
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