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Kommuninvest to sell $1.25 billion of notes due 2022 at 99.857
By Devika Patel
Knoxville, Tenn., Oct. 31 – Kommuninvest I Sverige AB (Aaa/AAA) plans to issue $1.25 billion of fixed-rate benchmark notes due 2022 in a Rule 144A and Regulation S offering, according to a press release.
The notes will be priced at 99.857 and guaranteed by the County Councils and Municipalities of Sweden.
Toronto-Dominion Bank, HSBC Bank plc, Morgan Stanley & Co. International plc and Scotiabank Europe plc are the bookrunners.
Kommuninvest is an Orebro-based company that offers funding to municipalities of Sweden.
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