Commentary & Deal Flow

Launched: Feb-30: €1.25bn @ MS+4bp - Book in excess of €2.6bn (incl. €250m JLM interest)
Spread set at: Feb-30: MS+4bp - Book in excess of €2.2bn (incl. €250m JLM interest)
Guidance: Feb-30: MS+6a

• Issuer: Kommuninvest i Sverige Aktiebolag (publ)
• LEI Code: EV2XZWMLLXF2QRX0CD47
• Issuer Rating: Aaa/AAA (Moody's/S&P)
• Format: Senior Unsecured, Reg S Registered, RW 0%
• Size: €1.25bn
• Settlement: 27-May-26
• Maturity: 20-Feb-30
• Coupon: TBD, Fixed, Annual, ACT/ACT ICMA (short first on 20-Feb-27)
• Denominations: €100k x 1k
• Listing: NASDAQ Stockholm
• Settlement: Euroclear and Clearstream, Luxembourg (Regulation S Global Note)
• Law: English
• Docs: Issuer’s EMTN Programme
• ISIN: XS3385516060
• Target Market: Eligible Counterparties, Professional Clients and Retail Clients (all distribution channels)
• Bookrunners: Barclays / Citi / Credit Agricole CIB / Danske Bank
• Timing: Books are closed. Allocations and pricing to follow.