Kommuninvest talks $1 billion offering of two-year notes at mid-swaps plus 10 bps area

By Rebecca Melvin

New York, Aug. 12 – Kommuninvest i Sverige AB (Aaa/AAA) is offering $1 billion of notes due Dec. 1, 2022 on Wednesday with initial price talk in the mid-swaps plus 10 basis points area, according to a market source.

Barclays, BNP Paribas, Citigroup Global Markets and Nordea are the bookrunners of the Rule 144A and Regulation S transaction.

The deal is expected to be completed on Thursday.

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

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