KommuneKredit’s successful euro footprint

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KommuneKredit’s successful euro footprint

KommuneKredit issues debut euro benchmark in quiet market. Eu1bn five year issue oversubscribed in five hours with book reaching Eu1.5bn. Issue prices mid-swaps less 6bp, tight end of 5bp area guidance. Lead managers ABN Amro, Deutsche Bank, HSBC

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