Kommuninvest surfs Nordic wave with $1bn five year

Kommuninvest cashed in on Nordic credits’ effervescent resurgence last week to print its first dollar benchmark in almost two years on Monday morning. Although the deal was not fully subscribed the issuer, which is a rare one in dollars, is working on introducing 144a documentation and plans to print a second benchmark this year — two moves that it hopes will help make more investors look at the credit.