NIB launches NOK issue

NIB launched its biggest ever Norwegian krone fixed-rate bond issue totalling NOK 1 billion (EUR 120 million) on 15 January. Due 30 July 2010, the deal pays a coupon of 4.625 per cent and has an issue price of 99.854. Joint lead managers are Fortis Bank SA/NV and SEB. Pay date 30 January. Listing London.