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Published on 11/6/2023 in the Prospect News Canadian Bonds Daily and Prospect News Investment Grade Daily.

New Issue: Kommunalbanken sells C$500 million 4.9% notes due 2026 at 99.771

By Mary-Katherine Stinson

Lexington, Ky., Nov. 6 – Kommunalbanken AS priced C$500 million 4.9% notes due 2026, according to a notice.

The notes sold at 99.771.

Bank of Montreal Europe plc was the bookrunner.

Oslo-based Kommunalbanken provides funding to municipalities.

Issuer:Kommunalbanken AS
Amount:C$500 million
Issue:Notes
Maturity:Oct. 5, 2026
Bookrunner:Bank of Montreal Europe plc
Coupon:4.9%
Price:99.771
Announcement date:Nov. 6

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