By Susanna Moon
Chicago, Jan. 23 – SpareBank 1 Boligkreditt AS priced €1 billion of green seven-year covered bonds at 99.425, according to an updated notice by Deutsche Bank AG, Frankfurt as stabilizing manager.
The spread over the benchmark is Bunds plus 39.2 basis points.
The managers also include ING, Natixis and Unicredit.
The offer will run until March 23, according to the separate notice announcing the deal.
SpareBank is a specialized credit institution based in Stavanger, Norway.
| Issuer: | SpareBank 1 Boligkreditt AS
|
| Issue: | Covered bonds
|
| Amount: | €1 billion
|
| Maturity: | Seven years
|
| Stabilizing manager: | Deutsche Bank AG, Frankfurt
|
| Managers: | ING, Natixis and Unicredit
|
| Price: | 99.425
|
| Spread: | Bunds plus 39.2 bps
|
| Announcement date: | Jan. 23
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
