1 Feb 2012

NIB launches USD 1.25 billion benchmark

NIB launched a new global USD 1.25 billion benchmark transaction.

On 31 January 2012, NIB launched a new 5-year global USD 1.25 billion benchmark transaction. The issue has a final maturity of 7 March 2017, pays a coupon of 1% and has an issue price reoffer of 99.728%, to give a spread of +4 basis points over mid-swaps, equivalent to 33.75 basis points over Treasuries. The joint lead managers for the transaction are Barclays Capital, Daiwa Capital Markets, Deutsche Bank and J.P. Morgan.

See also press release.

For more information, please contact
Jens Hellerup, Director, Head of Funding and Investor Relations
Tel. +358 9 618 11401