Kommunalbanken plans to price offering of notes through Deutsche Bank

By Devika Patel

Knoxville, Tenn., March 1 – Kommunalbanken KBN intends to sell $300 million of notes, according to a press release. The notes may have a greenshoe.

Deutsche Bank AG, London Branch, is the stabilizing manager for the notes, which are expected to have a stabilization period from Jan. 3 through July 4.

The government-funded lender to municipalities is based in Oslo.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.