New Issue: Kommuninvest prices upsized $500 million four-year floaters at Libor plus 3 bps

By Aleesia Forni

Virginia Beach, May 20 – Kommuninvest i Sverige AB sold an upsized $500 million of four-year floating-rate notes (Aaa/AAA/AAA) at Libor plus 3 basis points, an informed source said.

The notes sold in line with price talk.

Citigroup Global Markets Inc., Goldman Sachs & Co. and RBS Securities Inc. are the bookrunners for the Rule 144A and Regulation S deal.

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

Issuer:	Kommuninvest i Sverige AB
Amount:	$500 million, upsized from $300 million
Description:	Notes
Maturity:	May 28, 2019
Bookrunners:	Citigroup Global Markets Inc., Goldman Sachs & Co., RBS Securities Inc.
Coupon:	Libor plus 3 bps
Price:	Par
Yield:	Libor plus 3 bps
Trade date:	May 20
Ratings:	Moody’s: Aaa
	Standard & Poor’s: AAA
	Fitch: AAA
Price guidance:	Libor plus 3 bps area

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