On Tuesday 16th January 2018, KommuneKredit issued its first Euro benchmark bond of 2018. The issue carries an annual coupon of 0.50% and has a maturity date of 24 January 2025. The bond was priced at a spread of mid-swaps minus 10bps. The initial price guidance was set at mid-swaps minus 8 bps and was quickly revised to mid-swaps minus 9 bps 30 minutes after. The momentum continued unabated, with
KommuneKredit opened the international capital markets by issuing the first benchmark of 2018 – a 1bn 3-year Fixed Rate issue in USD.
From the announcement on 2 January 2018 to the books officially closed on 3 January at 11 am Copenhagen time there was a great demand for the issue. The bond started with an indication on mid swaps + 9 area, but after the order book grew to just below USD 2bn., K
KommuneKredit has today announced an offer for a new 3-year Fixed Rate Note issue denominated in USD under its EUR 30bn Euro Medium Term Note Programme. The offer is expected to take place on 3 January 2018.
In connection with the offering of the new note KommuneKredit will simultaneously offer to buy back notes in three existing issues denominated in USD.
Read the press release and the publ
