Nordea Bank

15 Aug 2008

Rating: Aa1/AA-/AA-

Amount: Sfr150m

Maturity: 5 September 2011

Issue price: 100.05

Coupon: 3 month Libor plus 48bp

Launched: Wednesday 13 August

Payment date: 2 September

Lead manager: BNP Paribas

Bookrunner’s comment:

This represented super value for the maturity with a spread at re-offer of 48bp over three month Libor. The issuer saw a window of opportunity to ...

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