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KommuneKredit issues 3-year benchmark with buyback option

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KommuneKredit issues 3-year benchmark with buyback option

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Jens Lundager

Jens Lundager

Press contact CEO +45 3369 7622

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KommuneKredit issues 3-year benchmark with buyback option

KommuneKredit issues 3-year benchmark with buyback option

On 4 June 2018 KommuneKredit announced a new fixed rate USD benchmark maturing on 15 November 2021. In addition, KommuneKredit offered to buy back two existing bonds with maturities on 27 August 2018 and 15 January 2019 respectively. The 4 banks, Toronto Dominion, Deutsche Bank, Scotiabank and Bank of Amerika Merrill Lynch, were mandated as joint lead managers on the new bond deal as well as the b