New Issue: Nordic Investment sells $1.25 billion 1.125% three-year notes at mid-swaps plus 22 bps

By Aleesia Forni

New York, Feb. 18 – Nordic Investment Bank sold an upsized $1.25 billion issue of 1.125% three-year global notes (Aaa/AAA) on Thursday at mid-swaps plus 22 basis points, according to a market source and an FWP filed with the Securities and Exchange Commission.

Pricing was at 99.997.

Bookrunners were Citigroup Global Markets Inc., HSBC Securities, Nomura International and TD Bank Securities.

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

Issuer:	Nordic Investment Bank
Amount:	$1.25 billion, upsized from $1 billion
Description:	Global notes
Maturity:	Feb. 25, 2019
Bookrunners:	Citigroup Global Markets Inc., HSBC Securities, Nomura International, TD Bank Securities
Coupon:	1.125%
Price:	99.997
Spread:	Mid-swaps plus 22 bps
Trade date:	Feb. 18
Settlement date:	Feb. 25
Ratings:	Moody’s: Aaa
	Standard & Poor’s: AAA
Distribution:	SEC registered
Price guidance:	Mid-swaps plus 25 bps area

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