New Issue: Kommuninvest prices $500 million 1.375% 18-month notes at 17.35 bps over Treasuries

By Cristal Cody

Tupelo, Miss., March 7 – Kommuninvest I Sverige AB sold $500 million of 1.375% notes due Sept. 7, 2018 on Tuesday at a spread of Treasuries plus 17.35 basis points in a Rule 144A and Regulation S offering, a market source said.

Barclays, BMO Capital Markets Corp. and Scotia Capital (USA) Inc. were the lead managers.

Kommuninvest is an Orebro-based company that offers funding to municipalities of Sweden.

Issuer:	Kommuninvest I Sverige AB
Amount:	$500 million
Description:	Notes
Maturity:	Sept. 7, 2018
Bookrunners:	Barclays, BMO Capital Markets Corp. and Scotia Capital (USA) Inc.
Coupon:	1.375%
Spread:	Treasuries plus 17.35 bps
Trade date:	March 7
Ratings:	Moody’s: Aaa
	S&P: AAA
	Fitch: AA-
Distribution:	Rule 144A, Regulation S

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