Book size: 2600; Registration: Reg S Only; Comments: +27.7 bps vs DBR 2.3 02/15/33 TWIN @ 96.94 / 2.806% (HR 104%). LEI: JLP5FSPH9WPSHY3NIM24;
Deal Comments
Water Bond.
UPDATE: Spread Set at MS+19
Use of Proceeds
The proceeds of the Notes will be exclusively used to fund the Issuer’s lending to the Dutch water authorities according to the Issuer’s Green Bond Framework- https://nwbbank.com/application/files/2316/5692/6870/NWB_Green_Bond_Framework_2022.pdf