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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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