Norwegian lender DNB Bank ASA issued €600 million in international bonds, Cbonds reported March 14.
The notes will mature March 20, 2028. They carry a fixed coupon of 1.125% through 2023, after which they will reset to a coupon equivalent to the five-year euro midswap rate plus 0.77 percentage point, according to Investopoli.
Barclays, BNP Paribas, DNB ASA and Goldman Sachs served as book runners on the deal.
DNB Bank is a unit of DNB ASA.
