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Published on 4/11/2013 in the Prospect News Investment Grade Daily.

New Issue: Sweden's Kommuninvest sells $500 million 18-month floaters at par to yield Libor flat

By Andrea Heisinger

New York, April 11 - Kommuninvest i Sverige AB sold $500 million of 18-month floating-rate notes (Aaa/AAA/AAA) on Thursday at par to yield Libor flat, a market source said.

Goldman Sachs & Co. was the bookrunner.

Pricing was done under Rule 144A and Regulation S.

Kommuninvest offers funding to municipalities of Sweden and is based in Orebro.

Issuer:Kommuninvest i Sverige AB
Issue:Floating-rate notes
Amount:$500 million
Maturity:Oct. 17, 2014
Bookrunner:Goldman Sachs & Co.
Coupon:Libor flat
Price:Par
Yield:Libor flat
Distribution:Rule 144A, Regulation S
Trade date:April 11
Settlement date:Aril 17
Ratings:Moody's: Aaa
Standard & Poor's: AAA
Fitch: AAA

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