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Nordic Investment Bank markets $1 billion five-year notes at mid-swaps plus 19 bps area
By Cristal Cody
Eureka Springs, Ark., Jan. 23 – Nordic Investment Bank (Aa2/AA-) plans to price $1 billion of global notes due Feb. 1, 2022 on Tuesday, according to a market source.
The notes were initially talked to price in the mid-swaps plus 19 basis points area.
Citigroup Global Markets Inc., J.P. Morgan Securities LLC, RBC Capital Markets LLC and TD Securities (USA) LLC are the lead managers.
Nordic Investment Bank is an international financial institution owned by Denmark, Estonia, Finland, Iceland, Latvia, Lithuania, Norway and Sweden.
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