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Kommunalbanken preps $500 million floating-rate notes due 2019
By Aleesia Forni
Virginia Beach, April 23 - Kommunalbanken AS is planning to price a $500 million issue of floating-rate notes (Aaa/AAA/) due 2019, a market source said.
The sale is being done under Rule 144A and Regulation S.
The bookrunners are Barclays, J.P. Morgan Securities LLC and RBS Securities Inc.
The government-funded lender to municipalities is based in Oslo.
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