USD 500m fixed-rate Eurobond now launched

A USD 500 million fixed rate eurobond issue is now launched for the Nordic Investment Bank (NIB), rated Aaa/AAA. Due 30 January 2009. The deal pays a coupon of 4.25 per cent and has an issue price of 101.26. The joint-leads are RBC Capital Markets and TC Securities. Fees total 1.375 per cent, split 1.3 per cent selling, 0.075 per cent management and underwriting.