KommuneKredit issues inaugural SOFR-linked FRN
On Thursday 9 September 2021, KommuneKredit issued its inaugural SOFR-linked Floating Rate Note; a 4-year USD 700 million bond. The transaction attracted a high quality orderbook with particularly strong support from the bank treasury community.
The mandate for KommuneKredits inaugural 4-year USD 700 million SOFR-linked bond was announced on Wednesday 8 September at 10:45 CET. Books opened the