Kommuninvest markets $1 billion of notes due 2022 at mid-swaps plus 20 bps area

By Cristal Cody

Tupelo, Miss., April 22 – Kommuninvest I Sverige AB (Aaa/AAA) intends to price $1 billion of notes due Feb. 2, 2022 in a Rule 144A and Regulation S transaction on Thursday, according to an informed source.

Initial price talk is in the mid-swaps plus 20 basis points area.

BofA Securities Inc., Barclays, SEB Securities, Inc. and TD Securities (USA) LLC are the bookrunners.

Kommuninvest is an Orebro-based company that offers funding to municipalities of Sweden.

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