Largest-ever order book for a Kommuninvest transaction

Kommuninvest has issued USD 1.5 billion in long 3-year Reg-S/144a note. With a final order book of USD 3.5 billion, the transaction was the most oversubscribed transaction ever by Kommuninvest. In total, 59 investors were allocated in the transaction, mainly central banks, public institutions and banks. This was also a record for Kommuninvest.

Christian Ragnartz, Head of Debt Management at Kommuninvest, commented:

– This was a very good start to this year’s funding activities. The exceptionally strong demand likely reflects the current uncertain market conditions; nevertheless we appreciate having access to a high-quality global investor base which continue to invest in our funding programs.

Kommuninvest’s funding forecast for 2019 amounts to SEK 100-120 billion.

For more information on the transaction, see Press Points.

 

Contact information

Christian Ragnartz, Head of Debt Management, tel: +46 706 07 38 34,
e-mail: christian.ragnartz@kommuninvest.se

Marcus Waineby, Senior Funding Manager, tel: +46 706 96 77 69,
e-mail: marcus.waineby@kommuninvest.se

Björn Bergstrand, Head of Media Relations, +46 708 86 94 76,
e-mail: bjorn.bergstrand@kommuninvest.se