Nordic Investment talks dollar floaters due 2028 at SOFR plus 20 bps area

By Rebecca Melvin and Cristal Cody

Concord, N.H., May 6 – Nordic Investment Bank plans to price a dollar-denominated offering of global floating-rate notes due 2028, according to an informed source on Thursday.

Initial price talk is SOFR plus 20 basis points area.

Citigroup Global Markets Ltd., RBC Capital Markets and TD Securities are the lead managers.

Nordic Investment Bank is an international financial institution owned by Denmark, Estonia, Finland, Iceland, Latvia, Lithuania, Norway and Sweden.

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