KommuneKredit readies first euro trade of 2019, following triple-A return

Euro debt 230x150
By Burhan Khadbai
19 Aug 2019

Danish agency KommuneKredit mandated banks on Monday for its first euro-denominated bond of the year and the first euro syndicated public sector bond since mid-July, excluding German regions.

Leads Citi, DZ Bank, Goldman Sachs and Natixis are taking indication of interest with initial price thoughts of mid-swaps plus 4bp area for the Reg S euro benchmark, which matures on August 2030.

The deal is expected to be priced on Tuesday.

It will ...

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