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Kommunalbanken sets talk for benchmark 10-year notes at mid-swaps plus 20 bps area
By Aleesia Forni
Virginia Beach, April 15 – Kommunalbanken AS set price talk for a planned benchmark offering of 10-year notes (Aaa/AAA/) in the mid-swaps plus 20 basis points area, a market source said.
The bookrunners are J.P. Morgan Securities LLC, Daiwa, RBC Capital Markets LLC and TD Securities.
The government-funded lender to municipalities is based in Oslo.
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