Finnish nuclear firm TVO sells Skr benchmark debut
Teollisuuden Voima (TVO), the Finnish nuclear power company, sold its first benchmark Swedish krona bond on September 6.
The borrower issued five year fixed and floating rate debt, with the extra liquidity promised by the benchmark size helping to entice investors.
Leads Handelsbanken and Swedbank sold the first tranche, a Skr1.125bn (€129m) September 2018 floater, at 140bp over quarterly Stibor, at par.
A Skr875m 3.875% September 2018
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