Successful EUR 1 billion 7-year benchmark

– As a historically less frequent issuer in EUR we are very pleased with the broad support for this 7y benchmark transaction, a large granular record EUR 3.1bn orderbook shows strong backing for KBN also among EUR investors, we look forward to expanding our EUR footprint in the future, says Thomas Møller, Head of Funding & IR at KBN.

Highlights

• The response from investors was strong, resulting in KBN’s largest ever EUR orderbook in excess of EUR 3.1 billion and over 90 investors participating.
• In less than a month, KBN has strategically visited both the EUR and USD benchmark markets, starting 2025 with a fast pace of funding and capitalising on the strength of current market conditions.
• KBN has now completed over 30% of its estimated 2025 total issuance program of USD 10 billion equivalent.