Nordic Investment Bank Offering $500 Million Takedown
April 25, 2016
Cleary Gottlieb advised the underwriters, Merrill Lynch and HSBC, in the offering by Nordic Investment Bank of $500 million floating rate notes due April 25, 2018.
The syndicated offering involved a “takedown” under Nordic Investment Bank’s SEC-registered global medium-term note program. The notes are listed on the Luxembourg Stock Exchange. Nordic Investment Bank is a multilateral financial institution owned by the eight Nordic countries: Denmark, Estonia, Finland, Iceland, Latvia, Lithuania, Norway and Sweden. The transaction closed on April 25, 2016.