NOK 1.25bn benchmark transaction priced

A NOK 1.25bn fixed rate benchmark transaction is now priced for NIB. Due 27 August 2014, the deal pays a coupon  of 3.693% and has a re-offer price of par. Sole-lead manager is HSBC. No further group. Pay 27 August. Fees undisclosed. Reg S applies. Issued under the issuer’s EMTN programme.