Cleary Gottlieb advised the underwriters, HSBC, J.P. Morgan, Nomura, TD Securities, ANZ Securities, Daiwa Capital Markets Europe, nabSecurities and Standard Chartered Bank, in the offering by Nordic Investment Bank of $1 billion of 1.875% notes due June 14, 2019. 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 9.
