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Published on 9/3/2021 in the Prospect News Investment Grade Daily.

Kommunalbanken selling $500 million SOFR-linked note due 2023

By Devika Patel

Knoxville, Tenn., Sept. 3 – Kommunalbanken AS is selling $500 million of SOFR-linked note due Oct. 27, 2023, according to a market announcement.

The offer price is 104.086.

Bank of Montreal, London Branch is the stabilizing manager.

Oslo-based Kommunalbanken provides funding to municipalities.


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