Commentary & Deal Flow

Kommuninvest i Sverige Aktiebolag (publ) (KOMINS) exp Aaa/AAA (s/s) US$1bn (WNG) 144A/Reg S long 3y FXD sr unsec notes due 10/10/29. Barc/CA/Citi/Nordea joint active books. Risk Weighting: 0%. Gtd by Regions and municipalities of Sweden. Denoms: 200,000 x 1,000. Governing Law: English. Listing: NASDAQ OMX Stockholm. UoP: The use of proceeds will be dedicated to investment projects undertaken by Swedish local governments that promote the transition to a low-carbon and climate-resilient society and according to the Issuer's Green Bond Framework updated in June 2024. Kommuninvest's Green Bond Framework and S&P Second Opinion can be found at: https://kommuninvest.se/eng/homepage/investors/funding/greenbonds.4.35de2c7b1900fda7e62576f.html. Taking IOIs, pricing expected tomorrow (09/09). Settle 09/16 (T+5). ISIN: XS3504711030 / US50046PDN24.
IPTs: SOFR MS+29 area.