NEW ISSUE: Nordic Investment Bank £300m WNG Long 3yr Sr Unsec; SONIA DM+26a
IGC European Market: Deal Flow - General
Issuer
Term
Maturity
Size
Ranking
Type
Guidance
Nordic Investment Bank
Long 3yr
21-Dec-29
£300m WNG
Sr Unsec
Floating
SONIA DM+26a
Guidance: 3yr: SONIA DM+26a
Issuer:Nordic Investment Bank (ticker: "NIB")
Ratings: Aaa / AAA (Moody's/S&P, both stable)
Format: Senior, Unsecured, Reg S Bearer
Size: £300m WNG
Settlement: 25-Sep-26 (T+5)
Maturity: 21-Dec-29
Coupon: FRN, SONIA +XXbps, Quarterly, Act/365F, short first
SONIA Convention: SONIA Index where SONIA Index Start and SONIA Index End will be 5 days prior to Interest Periods Start/End
Reoffer price: 100% / par
Spread: SONIA +26bps area
Denoms: 1k + 1k
Docs: EMTN Programme
Listing: Nasdaq Helsinki
Leads: BMO (B&D) / RBC CM / Santander
Target Market: The manufacturer target markets (MIFID II and UK MiFIR product governance) as assessed by the lead managers are Retail / Professional / Eligible Counterparties (all distribution channels)