New Issue-Kommunalbanken prices $600 mln 2018 FRN

Wed Feb 13, 2013 10:52am EST

Feb 13 (Reuters) -Following are terms and conditions

of an FRN priced on Wednesday.

Borrower Kommunalbanken AS

Issue Amount $600 million euro

Maturity Date February 20, 2018

Coupon 3-month Libor + 18bp

Issue price 99.90

Reoffer price 99.90

Discount Margin 3-month Libor + 20bp

Payment Date February 20, 2013

Lead Manager(s) Citi, Goldman Sachs International

& Morgan Stanley

Ratings Aaa (Moody's)

Listing Lux

Full fees Undisclosed

Denoms (K) 100-2

Governing Law English

Notes Launched under issuer's DIP

Regs ISIN XS0891864398

144A ISIN US50048MAZ32

Security details and RIC, when available, will be

on

Customers can right-click on the code for

performance analysis of this new issue

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