Finnvera Oyj
Finnvera issued a USD 1 billion bond
Finnvera Oyj (FVA) Finnvera issued on 27th September 2017 a USD 1 billion three year bond. The subscriptions quickly rose to approximately USD 1.6 billion. The bond is Finnveraâs largest US Dollar transaction to date. Lead managers for the issue were CrÃ(c)dit Agricole CIB, Citi, HSBC and Nordea. The greatest demand came from investors in the Americas and Asia. Finnvera uses the funds for financing export credits as well as the domestic SME sector. The bond was issued under Finnveraâs EMTN (Euro Medium Term Note) programme. The programme is guaranteed by the Republic of Finland. The rating of Finnveraâs EMTN Programme corresponds to the rating assigned to the Republic of Finland for its long-term liabilities. The rating given by Moodyâs to Finnvera is Aa1 and that given by Standard & Poorâs is AA+.
Additional information: |
ISIN: | XS0852098929 |
Category Code: | IOD |
TIDM: | FVA |
Sequence No.: | 4670 |
End of Announcement | EQS News Service |