By Marisa Wong and Cristal Cody
Los Angeles, April 20 – Kommuninvest I Sverige AB priced $1 billion of 4.25% notes due Dec. 10, 2025 on Wednesday, according to a market source.
The notes priced with a spread of 27 basis points over SOFR mid-swaps, or 31 bps over Treasuries.
Initial price talk was in the SOFR mid-swaps plus 30 bps area, as previously reported.
Barclays, Credit Agricole CIB, Danske Bank and Nomura are bookrunners for the Rule 144A and Regulation S deal.
Kommuninvest offers funding to municipalities in Sweden.
| Issuer: | Kommuninvest I Sverige AB
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| Amount: | $1 billion
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| Issue: | Notes
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| Maturity: | Dec. 10, 2025
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| Bookrunners: | Barclays, Credit Agricole CIB, Danske Bank and Nomura
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| Coupon: | 4.25%
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| Spread: | SOFR mid-swaps plus 27 bps, or Treasuries plus 31 bps
|
| Pricing date: | April 19
|
| Distribution: | Rule 144A and Regulation S
|
| Initial price talk: | SOFR mid-swaps plus 30 bps area
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