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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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