By Cristal Cody
Chicago, Sept. 23 – Nordea Bank ASA sold $1.5 billion of 1.5% five-year notes with a Treasuries plus 60 bps spread, a market source said.
The notes priced 20 basis points below spread talk, at Treasuries plus 60 bps versus talk in the 80 bps area.
BofA Securities Inc., Citigroup Global Markets Inc., Morgan Stanley & Co. LLC and UBS Securities LLC are the bookrunners.
The financial services company is based in Copenhagen.
| Issuer: | Nordea Bank ASA
|
| Issue: | Notes
|
| Amount: | $1.5 billion
|
| Maturity: | Sept. 30, 2026
|
| Bookrunners: | BofA Securities Inc., Citigroup Global Markets Inc., Morgan Stanley & Co. LLC and UBS Securities LLC
|
| Coupon: | 1.5%
|
| Spread: | Treasuries plus 60 bps
|
| Trade date: | Sept. 23
|
| Price talk: | Treasuries plus 80 bps area
|
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