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Published on 4/19/2023 in the Prospect News Investment Grade Daily.

Sweden’s Kommuninvest markets $1 billion offering of notes due 2025

By Cristal Cody

Chicago, April 19 – Kommuninvest I Sverige AB is marketing a $1 billion offering of notes due Dec. 10, 2025, according to information from a market source.

The deal size is not expected to grow.

Initial price talk is in the SOFR mid-swaps plus 30 basis points area.

Barclays, Credit Agricole CIB, Danske Bank and Nomura are working as bookrunners for the Rule 144A and Regulation S deal.

Kommuninvest offers funding to municipalities in Sweden.


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